What is Light Documentation? - Definition
Light Documentation is typically used by alternative lenders to prove a shorter term of income with bank statements. Most lenders will use six months of bank statements to verify the income. This
type of documentation is still considered to be a higher risk and is generally used for self employed borrowers. The terms for a loan with this type of documentation are not as favorable as someone who can fully verify their income.
delicious
digg
reddit
newsvine
google
yahoo
technorati