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

Product Detail

Innovation is part of our DNA. We continuously seek ways to enhance the mortgage experience for our clients. Our state-of-the-art online application process, secure document management, and digital communication options offer a seamless, paperless mortgage journey. With AAA LENDINGS, you can expect a modern, efficient, and secure mortgage lending experience that keeps up with the fast-paced world of technology. Your convenience and security are paramount to us. Conventional Loan Amount , Tila-Respa Integrated Disclosure , First Time Home Buyer , What sets us apart is our personalized approach to lending, as opposed to the one-size-fits-all methods employed by many others. We provide tailored solutions for the unique needs of each individual client, firmly believing in the possibility of every loan. With AAA LENDINGS, your financial goals become ours, and together, we make them happen.

– 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 720.

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 2023, the FHFA improves the loan limits for all kinds of loan types, especially Jumbo Loans. Please refer to below 2023 loan limits in California.

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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Planning your financial future begins with the right mortgage partner, and at AAA LENDINGS, we are committed to helping you achieve your dreams. We understand that the journey towards homeownership can be exciting but also daunting. Our seasoned professionals are more than just mortgage experts; they are your financial allies. They are available to discuss your goals, assess your financial situation, and provide personalized guidance that captures your interest. We take pride in being the guiding hand that empowers you to make informed decisions about your future. – AAA Lendings Jumbo Loan – AAA Lendings , The product will supply to all over the world, such as: Finland , Mumbai , Italy , Our company offers the full range from pre-sales to after-sales service, from product development to audit the use of maintenance, based on strong technical strength, superior product performance, reasonable prices and perfect service, we'll continue to develop, to deliver the high-quality items and services, and promote lasting cooperation with our customers, common development and create a better future.

-AAA Lendings

The customer service staff is very patient and has a positive and progressive attitude to our interest, so that we can have a comprehensive understanding of the product and finally we reached an agreement, thanks!
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