Lite Doc Mortgage Loan
Lite doc means 1-Year full doc income documentation and a 2-year employment history is required. For any doc program. As a Mortgage Broker’s & Loan Officer’s, we are thrilled. For W2 and sel-employed, if you only have 1 year of employment and one year of income documentation, our solution for you is a Reduced Doc loan program. This loan program requires only one year of employment (W2 or Self-employed) Reduced Doc is for both W2 employee wage earner borrowers and self-employed borrowers.