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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. Foreign National Mortgage, Bank Statement Program, Documentary Transfer Tax, As part of our commitment to staying at the forefront of the industry, we invest heavily in cutting-edge technology to streamline the mortgage application and approval process. This not only speeds up the application process but also provides you with real-time updates on your mortgage status, giving you peace of mind and eliminating the uncertainty that can often come with the mortgage process. Our tech-driven approach allows us to offer a seamless and convenient experience, making your journey to homeownership or refinancing as efficient as possible.
– AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings Detail:

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Overview

Popular asset program. Borrower has certain amount of money, which can cover the purchase price or loan amount and closing cost. No employment info; No DTI.

Details

1) Up to 75% LTV;
2) Up to $4M loan amount;
3) Primary residence only;
4) No limits on number of properties financed;
5) At least 6-month reserves from borrower’s own funds.

What’s this program?

The ATR-In-Full program is also a asset program, which is qualified with asset only. A good choice of Non-QM loans.
AAA Lendings will not calculate a DTI for applicants who qualify by proving Assets only (“ATR-In-Full”). Mechanically, any income or employment listed on an application will be deemed superfluous to the underwrite and, as the alternate, may be left blank. Should the employment and income be represented on an application, a DTI should not be calculated

How do you know if you can qualified asset for this program?

Below are the methods of calculation:
For purchase loan,the total allowable assets must match the purchase price plus any and all closing costs.
Assets >= Purchase price + all closing cost
For refinance loan,the total allowable assets must match the full loan amount plus closing costs.
Assets >= Loan amount + closing cost

See below scenarios qualification, you can refer to the calculation methods to see if you can qualify first before applying loans with lenders:

Scenario 1:  Purchase price plus closing costs = $768,500.  Available assets = $700,000 (savings) plus $45,000 (50% of IRA) = $748,000.  Short by $20,500.  If the borrower is 59.5 or older, qualifying assets would be $700,000 + $54,000 (60% of IRA) = $754,000 and short by $14,500.
 
Scenario 2:  Loan amount plus closing costs = $518,500.  Available assets = $370,000 (savings) + $100,000 (50% of IRA) = $470,000.  Short by $48,500.  If 59.5 or older, qualifying assets = $370,000 + $120,000 (60% of IRA) = $490,000 and short by $28,500.

What’s the eligible asset for this program?

Cash, stocks, bonds and personal liquid assets ( no property ) = 100%
Retirement accounts  = 50% if 59 or younger and 60% if older
No business funds

What’s the benefits?

Min. 6 month Reserves


Product detail pictures:

– AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings detail pictures


Related Product Guide:

In the world of mortgage lending, accessibility is key. Our digital mortgage platform is designed with your convenience in mind. You can apply for a mortgage, upload documents, and track your loan progress online, all from the comfort of your home. We've created an engaging digital experience that puts you in control, ensuring that you can manage your mortgage application at your own pace, 24/7. – AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings , The product will supply to all over the world, such as: Lyon, Florida, Bhutan, We supply professional service, prompt reply, timely delivery, excellent quality and best price to our customers. Satisfaction and good credit to every customer is our priority. We focus on every detail of order processing for customers till they have received safe and sound products with good logistics service and economical cost. Depending on this, our products are sold very well in the countries in Africa, the Mid-East and Southeast Asia.
  • The factory workers have rich industry knowledge and operational experience, we learned a lot in working with them,we are extremely grateful that we can encount a good company has excellent wokers.
    5 Stars By Marco from Hyderabad - 2017.08.28 16:02
    This company has a lot of ready-made options to choose and also could custom new program according to our demand, which is very nice to meet our needs.
    5 Stars By Barbara from Czech Republic - 2017.08.15 12:36