low-doc loan
low-doc loan · low-doc loans
A loan or mortgage where the borrower provides only limited proof of their incomeA loan or mortgage where the borrower provides only limited proof of their income.
Meaning
1 senses(Australia, US)A loan or mortgage where the borrower provides only limited proof of their income.
Origin
From low + doc + loan.From low + doc + loan.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: low-doc loansWord family
1 related wordsRelatedsubprime