Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about no documentation loans: | |||||||||||||||||||||||
What Mortgage Market Niche Are You In?
October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more... What Are Mortgage Documentation Requirements? 5 October 2005 What Does Mortgage Documentation Consist Of? A lender?s "documentation requirements" stipulate a) the information about income, assets and employment that must be provided; b) whether and how this information will be used by the lender; and c) ... more... |
|||||||||||||||||||||||
no documentation loans related definitions |
|||||||||||||||||||||||
Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more... Section 8 Homeownership Program Section 8 Homeownership Program - American Dream Commitment Fannie-Mae and Freddie-Mac expand their underwriting requirements necessary for Freddie Mac to purchase mortgages originated under the Section 8 Homeownership Program, and pledge funds in form of Section 8 vouchers, also ... more... |
|||||||||||||||||||||||
More about no documentation loans Fast Secured Loans: The Immediate Solution Home Equity Loans - Friend or Foe? Zero Down Payment Mortgage Can It Be Done? Refinancing Your Home - Is the Time Right? Cash Advance Loans Online - A Great Way to Make it Until Your Next Pay Day The Deal is in the Details All About Secured Loans Faxless Payday Loans: An Overview Financing Legal Fees (Factoring) Mortgage Broker Training: How to Secure Loyalty From Realtors
|
|
||||||||||||||||||||||
|