low doc loan

English - English

Definition of low doc loan in English English dictionary

A loan or mortgage where the borrower provides only limited proof of their income

Low Doc loans are a flexible solution for self-employed people who have income and assets, but are unable to provide the required financial statements or tax returns at the time of application.

Turkish pronunciation

lō däk lōn

Pronunciation

/ˈlō ˈdäk ˈlōn/ /ˈloʊ ˈdɑːk ˈloʊn/