No- and low-documentation (no and low doc for short) mortgage loans are a good way for people to keep their privacy guarded or to get a mortgage when it's .
Mr White, a mortgage broker of 34 years who was involved in the creation of one of the nation’s first low-doc loan products, said the expansion of those loans beyond their intended purpose as a niche.
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Low doc home loans are for borrowers who are self employed or unable to prove their income through traditional means. This is the only way that you can borrow without recent tax returns or financial statements.
Do any banks in Florida do stated income loans or no doc/low doc loans? find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
Low Doc Loans Co has a specialist team of brokers who specialise in low doc lending and are able to negotiate on your behalf against the banks. Loan Assessment Assessment of a low doc loan is on a different criteria than a full doc loan.
Low Doc No Doc Mortgages. As their name would imply, low doc loans and no doc loans are mortgage loans that require less than full documentation of income, employment, and assets. The name is a bit of a misnomer, because the borrower still has to fill out an application (although they actually have to fill out less of the application), and at least a credit report is pulled on the borrower.
Lenders A-F advantedge financial services. Advantedge is a wholesale lender that offers residential full doc and low doc loans through mortgage brokers and mortgage managers such as resi home loans, BMM (Better Mortgage Management), Ubank, Plan Lending and AFM (Australian First Mortgage).
Low Doc Home Loans Mortgages for the Self-Employed What is a low doc home loan? A low doc loan is an abbreviation for a low documentation loan, also commonly referred to as an alt doc or alternative documentation loan. It’s primarily suited to self-employed borrowers, but may also be appropriate for professional investors, seasonal and [.]