– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:
Overview
It’s a good choice for self-employed borrowers who can not be qualified with agency loan and do not want to provide varities of income documents.
Program Highlights
7/6 ARM (5/1/5); 5/6 ARM (2/1/5)
1) No CPA signature needed;
2) Foreign national allowed;
3) Loan amount up to $2.5M;
4) No tax returns needed;
5) Gift funds allowed;
6) Down payment as low as 30%;
7) Min. FICO 700.
What is Elite P&L? Who can apply for Elite P&L?
• Are you a self-employed borrower?
• Did the lender require your business bank statements to get the loan qualified? Did your mortgage lenders require you to sign the tax returns and provide transcripts?
• Have you ever been suspended or denied by the agency lenders? Did the lenders ever say “Per our guideline”?
• Do you know how you can qualify a house loan without any income documents?
Elite P&L (Profit & Loss) is designed for self employed borrowers who typically have a lot of writes-off on their tax return to lower their income that would not be sufficient to qualify for agency programs, would benefit from alternative loan qualification methods. A CPA/CTEC/EA completed and signed P&L may be used as an alternative to tax returns to document a self-employed borrower’s income. In addition, a self-prepared P&L from borrowers can sometime be accepted.
Fast Approval Requirements
When you submit loans to lenders, they may need a YTD (Year-to-Date), P&L (or plus a prior year P&L sometimes), business license, CPA letter, etc..
Submission Team is available to calculate income for the borrower before submitting a loan.
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Our commitment to excellence and dedication to our customers have propelled us to expand our operations across 45 states, including Arizona, California, Washington D.C., Florida, Nevada, and Texas, among others. However, our success isn't solely defined by numbers. The countless positive reviews and strong word-of-mouth reputation we've garnered serve as a testament to the trust and confidence the market has placed in us. – AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings , The product will supply to all over the world, such as: Latvia , Argentina , Slovakia , We taking advantage of experience workmanship, scientific administration and advanced equipment, ensure the product quality of production, we not only win the customers' faith, but also build up our brand. Today, our team is committed to innovation, and enlightenment and fusion with constant practice and outstanding wisdom and philosophy, we cater to the market demand for high-end products, to do professional products.
By Bruno Cabrera
from
Russia
-
2017.08.16 13:39
This supplier's raw material quality is stable and reliable, has always been in accordance with the requirements of our company to provide the goods that quality meet our requirements.
By Miguel
from
Rio de Janeiro
-
2017.09.26 12:12
