The phrase
"full doc" means providing all the required documents or information to prove something or complete a task.
Full definition
The Balance sheet is part of the 1003 mortgage application for
Full Doc loans.
Nineteen out of 20 borrowers typically financed
with full docs and with the most - boring — and the most secure — loans available, loans without prepayment penalties, interest - only start periods or option ARM financing.
** Asset Utilization - Borrowers may use their liquid assets to assist in
meeting full doc debt - to - income ratio (DTI) requirements.
Home loans used to be
underwritten full doc, meaning you would need to provide pay stubs or W - 2's, along with asset and employment information.
(You can rent
the full doc for $ 3 here.)
Watch:
Full Doc «Out Of Print» By Former New Beverly Cinema Ex-Manager Who Targets New Managers In Online Tirade
Full doc, Limited doc, Low doc, Stated Income, No Income \ No Asset (NINA), Stated Income \ Stated Assets (SISA).
Aggressively priced, these programs have many variations, including: No Doc, Limited Doc, and
Full Doc.
To the left is an excerpt of the document, and you can get
the full doc at SlideShare by clicking on it.
Full doc; 0.5 % to 2.5 % broker fee.
Full Documentation («Full Doc») Loan — a mortgage where you document everything about your income and assets.
Since there is more risk, the loan will usually have a higher interest rate and won't offer as high of a LTV as
a Full Doc loan.
Stated Loan — As opposed to
a Full Doc loan, you will not be required to fully document your income or your assets — you «state» what you have and the lender takes you at your word.
We give
you full docs for all mortgages, dockets, and liens for no extra charge!