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Phrases with «documentation loan»

A documentation loan refers to a type of loan where the borrower is required to provide proper documentation of their income, employment, and financial information. This helps lenders evaluate the borrower's creditworthiness and decide on loan approval. Full definition

Related phrases

Sentences with «documentation loan»

  • Full - documentation loans require a complete review of your finances. (huettnercapital.com)
  • Creating a team and new loan process that works with full documentation loans, especially the complex ones, was the whole point in starting Huettner Capital from the very beginning. (huettnercapital.com)
  • Then came limited documentation loans, such as stated loans, now known as «liar's loans,» which were intended for people like doctors and the self - employed who had complicated tax structures. (thetruthaboutmortgage.com)
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