– AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings Detail:
Overview
Similar with P&L.
CA, CO, GA, IL, VA, WA are available.
Program Highlights
7/6 ARM (5/1/5)
1) No CPA signature needed;
2) Foreign national allowed;
3) Loan amount up to $2.0M;
4) No tax returns needed;
5) Gift funds allowed;
6) Down payment as low as 30%;
7) Min. FICO 680.
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 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?
AAA Lendings now offer an appropriate Non-QM loan program used in the above situations, which named as Elite P&L (Profit & Loss). Elite P&L is designed for borrowers who are self-employed and would benefit from alternative loan qualification methods. That’s the best benefit for self-employers. 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. Sometimes, we even accept borrower self prepared P&L, which is also a good news for some borrowers.
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..
Besides, you may check with our Submission Team to calculate income before submit a loan.
Product detail pictures:
Related Product Guide:
Navigating the mortgage landscape can be complicated, but AAA LENDINGS simplifies the process, making it engaging and stress-free. We offer a clear and concise document collection system, allowing you to easily upload the required paperwork online. We are keenly aware that your time is valuable, and by making the process smoother, we keep you actively engaged and in control of your mortgage journey. – 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: Slovenia, Hongkong, South Korea, Our company has already have pass the ISO standard and we're fully respect our customer 's patents and copyrights. If the customer provides their own designs, We will guarantee that they will likely be the only one can have that merchandise. We hoping that with our good products can bring our customers a great fortune.
By Genevieve from
America -
2017.04.18 16:45
Wide range, good quality, reasonable prices and good service, advanced equipment, excellent talents and continuously strengthened technology forces，a nice business partner.
By Elizabeth from
Russia -
2018.09.12 17:18
