Wholesale - AAA Lendings Jumbo Loan – AAA Lendings lender and investor

Product Detail

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. Conventional Loan 80 Ltv , Top 100 Mortgage Companies 2020 , Conventional Loan Dti , When it comes to rates, AAA LENDINGS is committed to providing competitive and affordable options. We know that securing a mortgage involves not just finding your dream home but also ensuring that it remains an affordable investment. Our dedication to offering competitive rates means that you can confidently embark on your homeownership journey, knowing that you've secured a mortgage that suits your budget.

– AAA Lendings Jumbo Loan – AAA Lendings Detail:

JL0815

Overview

Loan amount exceeds the limits for a conventional conforming loan.

Program Highlights

30/15 Years Fixed

1) Rental income can be used with 2 years landlord experiences history;
2) No Mortgage Insurance needed;
3) Max. DTI 45%;
4) Max. LTV 85% for purchase & R/T; Max. LTV 75% for C/O;
5) Max number of financed properties: ① Primary – No Limit, ② 2nd & Investment Property – Max. 20;
6) Max. Loan Amount $3.0M;
7) Max. cash-out amount $500,000;
8) Min. 12 months reserves on PITIA;
9) Min. FICO 680.

Move High Balance to Jumbo 10/6 ARM

Loan Amount More Than $726,200

* Loan Amount at Least $1 Over the Agency Conforming Loans Size are Allowed.

7/6 ARM

1) Min. FICO 700;
2) Min. 6 months reserves on PITIA;
3) Max. LTV 89.99%;
4) Max. Loan Amount $2.5M;
5) Max. Cash Out $750,000;
6) 1 Unit & 2 Units;
7) Primary & 2nd Home property;
8) Purchase & R/T Refi & C/O Refi.

What is Jumbo Loan?

A jumbo loan is a type of financing that exceeds the limits set by the Federal Housing Finance Agency and cannot be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac. Homeowners must undergo more rigorous credit requirements than those applying for a conventional loan. Jumbo loans allow you to buy expensive properties. A jumbo loan is not backed by Fannie Mae or Freddie Mac.

In 2022, the FHFA improves the loan limits for all kinds of loan types, especially Jumbo Loans. Please refer to below 2022 loan limits in California, if your loan amount exceeds $970,800, you’re suitable for Jumbo loan.

2023 Loan Limits in California Counties

COUNTY	1-Unit Limit	2-Unit Limit	3-Unit Limit	4-Unit Limit
ALAMEDA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
ALPINE	$726,200	$929,850	$1,123,900	$1,396,800
AMADOR	$726,200	$929,850	$1,123,900	$1,396,800
BUTTE	$726,200	$929,850	$1,123,900	$1,396,800
CALAVERAS	$726,200	$929,850	$1,123,900	$1,396,800
COLUSA	$726,200	$929,850	$1,123,900	$1,396,800
CONTRA COSTA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
DEL NORTE	$726,200	$929,850	$1,123,900	$1,396,800
EL DORADO	$763,600	$977,550	$1,181,650	$1,468,500
FRESNO	$726,200	$929,850	$1,123,900	$1,396,800
GLENN	$726,200	$929,850	$1,123,900	$1,396,800
HUMBOLDT	$726,200	$929,850	$1,123,900	$1,396,800
IMPERIAL	$726,200	$929,850	$1,123,900	$1,396,800
INYO	$726,200	$929,850	$1,123,900	$1,396,800
KERN	$726,200	$929,850	$1,123,900	$1,396,800
KINGS	$726,200	$929,850	$1,123,900	$1,396,800
LAKE	$726,200	$929,850	$1,123,900	$1,396,800
LASSEN	$726,200	$929,850	$1,123,900	$1,396,800
LOS ANGELES	$1,089,300	$1,394,775	$1,685,850	$2,095,200
MADERA	$726,200	$929,850	$1,123,900	$1,396,800
MARIN	$1,089,300	$1,394,775	$1,685,850	$2,095,200
MARIPOSA	$726,200	$929,850	$1,123,900	$1,396,800
MENDOCINO	$726,200	$929,850	$1,123,900	$1,396,800
MERCED	$726,200	$929,850	$1,123,900	$1,396,800
MODOC	$726,200	$929,850	$1,123,900	$1,396,800
MONO	$726,200	$929,850	$1,123,900	$1,396,800
MONTEREY	$915,400	$1,171,900	$1,416,550	$1,760,400
NAPA	$1,017,750	$1,302,900	$1,574,900	$1,957,250
NEVADA	$726,200	$929,850	$1,123,900	$1,396,800
ORANGE	$1,089,300	$1,394,775	$1,685,850	$2,095,200
PLACER	$763,600	$977,550	$1,181,650	$1,468,500
PLUMAS	$726,200	$929,850	$1,123,900	$1,396,800
RIVERSIDE	$726,200	$929,850	$1,123,900	$1,396,800
SACRAMENTO	$763,600	$977,550	$1,468,500	$1,468,500
SAN BENITO	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SAN BERNARDINO	$726,200	$929,850	$1,123,900	$1,396,800
SAN DIEGO	$977,500	$1,251,400	$1,512,650	$1,879,850
SAN FRANCISCO	$1,089,300	$1,394,775	$1,685,850	$1,867,275
SAN JOAQUIN	$726,200	$929,850	$1,123,900	$1,396,800
SAN LUIS OBISPO	$911,950	$1,167,450	$1,411,200	$1,753,800
SAN MATEO	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SANTA BARBARA	$805,000	$1,030,550	$1,245,700	$1,548,100
SANTA CLARA	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SANTA CRUZ	$1,089,300	$1,394,775	$1,685,850	$2,095,200
SHASTA	$726,200	$929,850	$1,123,900	$1,396,800
SIERRA	$726,200	$929,850	$1,123,900	$1,396,800

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At AAA LENDINGS, we believe in giving back to our valued customers. That's why we offer a loyalty program that rewards you for your trust and ongoing partnership with us. Our loyalty program is designed to keep you engaged and appreciated, offering exclusive benefits and discounts for our returning customers. Your commitment to AAA LENDINGS is recognized and rewarded, and we strive to make your continued interest in our services a rewarding experience. – AAA Lendings Jumbo Loan – AAA Lendings , The product will supply to all over the world, such as: Liberia , French , Cape Town , For more than ten years experience in this filed, our company has gained high reputation from home and abroad. So we welcome friends from all over the world to come and contact us, not only for business, but also for friendship.

-AAA Lendings

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