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- AAA Lendings Second Loan – AAA Lendings
Overview Standalone & Piggyback. Second Loan Only is acceptable. * Subject property should have a first mortgage. Program Highlights 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). 1) No Prepayment Penalty; 2) 1 Unit & Up to 85% CLTV; 3) Min. FICO 680; 4) Max. Loan Amount $250,000; 5) Primary & Second home are eligible. Credit Guideline (1) If there are past due unpaid Federal income taxes, the borrower should provide installment agreement with ... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of assets, which can cover the purchase price or loan amount and closing cost. No employment info required; No DTI. Program Highlights 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 months reserves from borrower’s own funds. What is ATR-In-Full? The ATR-In-Full program is also an asset program, which is qualified with asset ... -
- AAA Lendings Non-QM Easily Qualified Asset only option – ATR-In-Full – AAA Lendings
Overview Popular asset program. Borrower has certain amount of assets, which can cover the purchase price or loan amount and closing cost. No employment info required; No DTI. Program Highlights 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 months reserves from borrower’s own funds. What is ATR-In-Full? The ATR-In-Full program is also an asset program, which is qualified with asset ... -
- AAA Lendings No Doc No Credit – AAA Lendings
Overview 5 Years Fixed Rate Balloon. 30 Years Amortization Term. 4-Year P&I (Principal & Interest) Reserves Required. Max. Loan Amount $7,500,000. *Reserves shall be deposited into AAA LENDINGS’s designated bank account (Reserve Account: Non-Interest Depository Account) Program Highlights Not needed: 1) Income; 2) DTI; 3) DSCR; 4) Credit Report; 5) Tax Return; 6) Employment; 7) Bank Statement. Allowed: 1) Max. 70% LTV; 2) 100% Gift Funds; 3) Mixed Use Property; 4)... -
- AAA Lendings Affordable Housing Portfolio Loan – AAA Lendings
Overview Affordable Housing Portfolio Loan offer flexible underwriting, highly competitive rates and fixed or variable-rate financing options with certainty and speed of execution. Details 7/6 ARM (30-Day Avg. SOFR) 1) Max. LTV 80%; 2) Max. Loan Amount $1,500,000; 3) All scenarios require 12 months P&I in the U.S. Financial Institution as reserves; 4) Primary Transaction must be CRA Eligible Loan: ①LMI of less than 80% of FFEIC median income for census tract; or ②Subject Pr... -
- AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings
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... -
- AAA Lendings Second Loan – AAA Lendings
Overview Standalone & Piggyback. Second Loan Only is acceptable. * Subject property should have a first mortgage. Program Highlights 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). 1) No Prepayment Penalty; 2) 1 Unit & Up to 85% CLTV; 3) Min. FICO 680; 4) Max. Loan Amount $250,000; 5) Primary & Second home are eligible. Credit Guideline (1) If there are past due unpaid Federal income taxes, the borrower should provide installment agreement with ... -
- AAA Lendings Non-QM Non-DTI ratio Program – Asset Depletion (Asset Only) – AAA Lendings
Overview Not all borrowers fit neatly into the boxes required by traditional lenders. Some borrowers are investors, self-employed, entrepreneurs, retired, or simply living off their investments. They are financially responsible people, but they might not have sources of income that are easily quantifiable. AAA LENDINGS Mortgage’s Asset depletion programs allow these kinds of borrowers to use their personal and business assets as a means to qualify for a home mortgage. Progr... -
- AAA Lendings Enhanced R Series – Elite P&L (Self Prepared Profit & Loss Only) – AAA Lendings
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... -
- AAA Lendings Second Loan – AAA Lendings
Overview Standalone & Piggyback. Second Loan Only is acceptable. * Subject property should have a first mortgage. Program Highlights 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). 1) No Prepayment Penalty; 2) 1 Unit & Up to 85% CLTV; 3) Min. FICO 680; 4) Max. Loan Amount $250,000; 5) Primary & Second home are eligible. Credit Guideline (1) If there are past due unpaid Federal income taxes, the borrower should provide installment agreement with ... -
- AAA Lendings Second Loan – AAA Lendings
Overview Standalone & Piggyback. Second Loan Only is acceptable. * Subject property should have a first mortgage. Program Highlights 15 Years Term. Other term options（5 yrs, 10yrs, 20yrs, 30yrs). 1) No Prepayment Penalty; 2) 1 Unit & Up to 85% CLTV; 3) Min. FICO 680; 4) Max. Loan Amount $250,000; 5) Primary & Second home are eligible. Credit Guideline (1) If there are past due unpaid Federal income taxes, the borrower should provide installment agreement with ... -
- AAA Lendings Equity Solutions – AAA Lendings
Overview Easy Qualified Closed End Second. Loan Term: Fixed; 15 Yrs Balloon. Details 1) Standalone’s and Piggyback’s Second Loan are Both Available; 2) Primary and Investment Property are Available; 3) No Prepaid Penalty; 4) No Reserves Needed; 5) Range of Loan Amount: $75,000 – $350,000; 6) Max. CLTV: 85%. * Loan amount are rounded down to the nearest $100 Income Documentation Option1: Bank Statements – 12 Mths Personal & Business Bank Stmts ★P...