Second Loan

  7/15/2022 10:29:18 PM      AAA Capital Investment, Inc.

What is the Second Loan

Standalone & Piggyback.
Second Loan Only is acceptable.

* Subject property should have a first mortgage.
* AZ, CA, CO, FL, GA, IL, MD, MI, MN, OH, OR, PA, SC, VA, WA are available.

Program Highlights

15 Years Term.
Other term options(5 yrs, 10yrs, 20yrs, 30yrs).

1. No Prepayment Penalty.
2. 1 Unit & Up to 90% CLTV.
3. Min. FICO 680.
4. Max. Loan Amount $250,000.
5. Primary & Second home eligible.

General Guideline

(1) Max. DTI 43%.
(2) Qualifying rate is qualified at initial note rate.
(3) Assets/Funds to Close/Reserves follows first lien requirements.
(4) Title may not be held in the name of a trust.
(5) POAs are permitted for all transaction types but must cover the 2nd lien transaction if utilized.
(6) Leasehold is not eligible.
(7) No Prepayment Peanlty but require that any loans can be paid off or make principal curtailments in excess of 20% of the balance after 180 days of the funding date.
(8) AAA LENDINGS will not do HPML Ballons (APR > 15 Years Fixed APOR +3.5%).

If you have any questions about Second Loan,

Please email to or call us: 1 (877) 789-8816.

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