A mortgage loan that requires proof of all the income, assets, and other financial information of the borrower.
Related information about full doc loan:
- Full documentation loan - Wikipedia, the free encyclopedia
It is typically referred to as a "full doc" loan in the mortgage industry and is a common type of loan used for financing a home purchase. A list of the various types ...
- A Full Doc Loan - Las Vegas Real Estate
Full Doc Loan. To Full Doc or not to Full Doc, that is the? By: Frank Watkins. Full Doc, Stated, NINA. What do these types of loans mean and how do they affect ...
- What income documentation for a "full doc" loan
Dec 10, 2007 ... Seattle area Mortgage Originator Rhonda Porter MLO121324 reviews what documents are required for borrowers when getting a mortgage for ...
- What is a Full Documentation Loan?
The full doc loan is one of the more common types of loan applications in use within the United States. Many mortgage lenders make use of a loan format that ...
- What is full doc loan? definition and meaning
Definition of full doc loan: A mortgage loan that requires proof of all the income, assets, and other financial information of the borrower.
- Stated Income Loans: Lie to Get a Better Rate? - Mortgage Professor
For example, the rate could be .4% higher on a stated income loan than on a full- doc loan, but .2% lower than on a no-doc loan. (I took these adjustments off one ...
- Full Doc Loan Characteristics - AMP
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Full Doc A full doc loan is one that requires that the borrower present all necessary documents, including income verification to be considered for the home loan.