Posted on: 16th Aug, 2006 03:19 pm
what is full doc's
what is full doc's
In full doc loans (also called, Full Income Verified Asset (FIVA)) lender verifies all the information you put in your loan application.
Like if you say that you make $7,000 per month then the lender will require you to provide him not only pay stubs but may also ask to check W2 from previous year showing a similar amount.
Like if you say that you make $7,000 per month then the lender will require you to provide him not only pay stubs but may also ask to check W2 from previous year showing a similar amount.