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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.

Allowed:

1) Max. 70% LTV;
2) 100% Gift Funds;
3) Mixed Use Property;
4) Foreign National;
5) Investment Only: 1-4 Units;
6) Purchase & R/T Refi & C/O Refi.

General Guideline

(1) Foreign National: Allowed - Must obtain ITIN (W-7 Form).
(2) Individual POA allowed.
(3) Property Type: SFR (1-4 units), Condo, Townhomes, PUD.


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