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Document needs list

The mortgage definition for Document needs list:

A list of documents a lender requires when a potential submits a loan application. The required documents range from paycheck stubs to credit card statements.

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Low documentation loan

Low documentation loan
Mortgages that require only minimal verification of income and assets. Low-start low-cost endowment  Similar to a low cost endowment, the difference being that premiums are lower at the beginning of the loan and then rise in the future. Once again, there are no guarantees. 


Title documents

Title documents
The legal documents which provide proof of ownership of a property.




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