|
Document needs list |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Document needs listA list of documents a lender requires when a potential submits a loan application. The required documents range from paycheck stubs to credit card statements.Document needs list Similar MatchesDocumentary collectionsDocumentary collectionsTrade transactions handled on a draft basis. Documented discount notesDocumented discount notesCommercial paper backed by normal bank lines of credit plus a letter of credit from a bank stating that it will pay off the paper at maturity if the borrower defaults. Such paper is also referred to as L.O.C. paper. Renounceable documentsRenounceable documentsDocuments which provide temporary evidence of ownership of unregistered shares. These include a company's offer of shares to the public, a rights issue and a capitalisation or scrip issue. In each case instructions are given regarding action to be taken if the holder requires to have the shares registered in his/her name or if it is required to renounce them in favour of another person. Documentary Transfer TaxDocumentary Transfer TaxThe tax, based on sales price, less loans which are being assumed, which is charged by the city and/or county on the transfer of real property. Low documentation loanLow documentation loanMortgages that require only minimal verification of income and assets. Low-start low-cost endowment Similar to a low cost endowment, the difference being that premiums are lower at the beginning of the loan and then rise in the future. Once again, there are no guarantees. Further SuggestionsTitle documentsDocuments against payment policy document Shipping Documents |
|
|
|