- low-documentation loan
- ссуда, выдаваемая на основе минимального документального подтверждения (общей суммы дохода и стоимости имущества)
Англо-русский строительный словарь. 2013.
low-documentation loan
Смотреть что такое "low-documentation loan" в других словарях:
Low / No Documentation Loan — A category of loans which generally fall into the Alt A sector of mortgage lending that gives borrowers the ability to state a limited amount of information on their mortgage application. Limited income, employment or asset information may be… … Investment dictionary
low-doc loan — /loʊ dɒk ˈloʊn/ (say loh dok lohn) noun Colloquial a loan from a lending institution, such as a bank, for which minimal documentation of the borrower s ability to service the loan is required. Compare no doc loan. Also, lo doc loan …
Loan-to-value ratio — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower borrows $130,000 to purchase a house worth $150,000, the LTV ratio is… … Wikipedia
Liar Loan — A category of mortgages known as low documentation or no documentation mortgages that have been abused to the point where the loans are sometimes referred to as liar loans. On certain low documentation loan programs, such as stated income/stated… … Investment dictionary
Loan origination — is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application through disbursal of funds (or declining the application). Loan… … Wikipedia
Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… … Wikipedia
No doc loan — A No Doc or Low doc loan (abbr: No/Low Documentation Loan) refers to a finance product commonly offered by a mortgage lender to consumers who cannot qualify for normal loan products or do not wish to give up their financial privacy. However… … Wikipedia
Loan to value — The loan to value (LTV) ratio expresses the amount of a first mortgage lien as a percentage of the total appraised value of real property. For instance, if a borrower wants $130,000 to purchase a house worth $150,000, the LTV ratio is… … Wikipedia
liar loan — n. A loan or mortgage provided without requiring documentation from the borrower. Example Citations: Last year almost forty per cent of subprime borrowers were able to get liar loans mortgages that borrowers can get simply by stating their income … New words
Payday loan — A shop window in Falls Church, Virginia advertises payday loans. A payday loan (also called a paycheck advance) is a small, short term loan that is intended to cover a borrower s expenses until his or her next payday. The loans are also sometimes … Wikipedia
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
