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NON-QM Cash out requirement and advantage
1. For NON-QM loan, the cash out requirement is following: ● Cash out seasoning, AAA Capital defines cash-out seasoning as the difference between application date of the new loan and prior financing note date or date of purchase. ① For properties owned twelve (12) months...Read more -
Non-QM Asset Depletion Program
This program is designed for borrowers who have significant verifiable assets and would benefit from alternative loan qualification methods. Requirement 1- The max DTI is 50% 2- Documents-6 Month personal bank statements 3-...Read more -
Non-QM 12/24 bank statements program
This program is designed for borrowers who are self-employed and would benefit from alternative loan qualification methods. Bank statements (personal and/or business) may be used as an alternative to tax returns to document a self-employed borrower’s income ...Read more -
Magical DSCR program
Keywords: FHA; Lown-Income; Conventional; Mortgage Loans. Why we say DSCR program is magical？ 1. No employment and income information is needed. 2. If the LTV is lower, we can waiver verify asset. 3. 5-8 unit residential p...Read more -
How to know the estimate market rent?
Keywords: Purchase; Rental Income; Rent; Website The rental value is critical for purchasing an investment property. How can we determine the rental value then? The following websites might help you. No login required, free of charge....Read more -
How to Improve your credit score? Can I refinance if I’m in forbearance?
Keywords: Credit score; Credit card Here’s how to increase your credit score before apply for a mortgage: 1. Pay your bills on time. An on-time payment occupies large proportion ...Read more -
How to close an investment property quickly!
There's no better news than buying an investment home quickly for us. If you're still worried about an investment home loan, contact us and you will be in for a surprise delivery. Our AAA Capital Investment designed a special product for the Investment property-DSCR. ♦ O...Read more -
How To Calculate Debt-To-Income Ratio
Keywords: DTI; Ratio The debt-to-income (DTI) ratio is a personal finance measure that compares an individual’s monthly debt payment to their monthly gross income. Your gross income is your pay before taxes ...Read more -
What is the APR?
Keywords: Interest rate, APR When you’re refinancing or taking out a mortgage, keep in mind that an advertised interest rate isn’t the same as your loan’s annual percentage rate (APR). What’s the difference? ● Interest rate refers to ...Read more -
How do I know if I qualify for a mortgage?
Keywords: FHA; Lown-Income; Conventional; Mortgage Loans. 5 Factors That Determine if You'll Be Approved for a Mortgage 1. Your credit score Your credit score is determined based on your past payment history and borrowing b...Read more -
Home Possible Mortgage
Key words: Low-income Home Possible Mortgage,provided by Freddie Mac, is for those whose income is 80% of area median income (AMI) for the Property’s location. For the income requirement,you need to verify only a borrower's qualifying...Read more -
FREE preliminary bank statement analysis
Key words: Business bank statement; self-employed Bank statement program is one of the most popular programs. It is designed for borrowers who are self-employed and would use only business bank statements to qualify. ...Read more