Home > Glossary > Low Documentation Loan
Meaning / Definition of
Low Documentation Loan
Categories: Credit and Debt, Real Estate,
A mortgage that requires only a basic verification of income and assets.
Most popular terms
1. Stowers Doctrine2. Storm Surge
3. Brokerage Firm
4. Sublimit
5. Opt-out Lawsuits
6. Free Cash Flows
7. Unit Investment Trust (UIT)
8. Section 15 Declaration Of Incontestability
9. Erection All Risks (EAR) Insurance
10. Disclosure
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