What Is A No Doc Or Low Doc Home Loan?
What Is A No Doc Or Low Doc Home Loan?
A “Lo Doc” or sometimes call “Lo Doc Home loan” are mortgage or home loans where documentation for verification of your income is not required. However, all other documentation is.
These loans are ideally suited to self-employed, independent contractors, investors, credit rating impaired, ex-bankrupt or clients [...]
Saturday January 15th, 2011 in , Arrears, Bank Statements, Debt To Income Ratios, Document Loans, Income Documentation, Independent Contractors, Investment Loan, Loan Request, Logistical Nightmare, Low Doc Home Loan, Low Doc Home Loans, Low Doc Loan, Low Doc Loans, Maximum Privacy, Mortgage Loans, Ratio Loans, Risk Profile, Taxation Returns, Traditional Lenders, Traditional Loans | No Comments »