Real estate blog entries tagged with we must document by Danell Merren (Providence Home Mortgage/ICCF)

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Home : Blogs : Danell Merren : Danell Merren's Blog : Tag "we must document"

we must document: Even with Great Credit, There are No Low or No Doc. Loans Anymore! - 11/06/09 03:24 PM

It's been pretty common knowledge for the past 18 months that the stated income, no document, no income, and low document loans are gone. However, I think that a lot of great customers with really high credit scores- say 740 and up, don't know that in the past they probably got through the mortgage process easier because of something called alternate doc. I will list below the difference between a truly full document loan and alternate doc. (the norm of two years ago):
Full Document :
2 years W2s 2 years tax returns if you have any self employment income (even if … (4 comments)

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Danell Merren

Grand Rapids, MI

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Providence Home Mortgage/ICCF

Address: 920 Cherry St SE, Grand Rapids, MI, 49506

Office Phone: (616) 719-4513

Cell Phone: (616) 437-7831

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