Full Documentation definition

Full Documentation means geo-referenced photos, contracts, invoices, journal entries, or emails of the project activities. Equipment type and hours worked, hours/or days in labour or professional services, materials and costs must all be clearly detailed for each project.

Full Documentation has the meaning set forth in Section 10.1(A).

Full Documentation means, with respect to a Mortgage Loan, that the related Mortgagor has provided the highest level of information to the applicable Seller about its assets, liabilities, income, credit history and employment history, as determined for “full documentation” in accordance with the Underwriting Guidelines.

Examples of Full Documentation in a sentence

• Mortgage Mac currently has a Full Documentation program that is consistent with the requirements under ATR to utilize “Third-party record[s]” to document income “reasonably and [make a] good faith determination”.

• The Home Saver Program was available only to Full Documentation borrowers and permitted a maximum LTV ratio of 65% and a maximum debt service-to-income ratio of 55%.

• Lenders should submit full additional documentation files as noted in Attachment 15-A, Loan Origination Checklist, of this handbook for files for that receive GUS underwriting recommendations of Accept with Full Documentation.

• Manual submissions, Accept with Full Documentation, Refer, and Refer with Caution will be accompanied by attachment 9-B, or the Uniform Transmittal Summary, (FNMA Form 1008/Freddie Mac Form 1077), or equivalent.

• Full Documentation SetDisplays the Documentation page, which is part of the XMLmind XML Editor web site, in the Web browser.

• The first portion of the underwriting summary will render an underwriting recommendation of Accept, Accept with Full Documentation, Refer or Refer with Caution.

• The Full Documentation residential loan program is generally based upon current year to date income documentation as well as the previous year’s income documentation (i.e., tax returns and/or W- 2 forms) or bank statements for the previous 24 months.

• Subject to Section 7.4, Section 8.6, Section 10.1 and Section 10.2 herein, such payments shall be due within [ - - - ] from HECO’s first receipt of Chevron’s invoice and the Full Documentation.

• GUS files that receive an Accept or Accept Full Documentation underwriting recommendation do not require debt ratio waivers.

• ACCEPT/ELIGIBLE Underwriting Recommendation Minimal documentation provisions apply to GUS underwriting recommendations that receive an Accept, unless a quality control message on the GUS Underwriting Findings Report indicates an Accept with Full Documentation file is required.

More Definitions of Full Documentation

Full Documentation means, with respect to a Mortgage Loan, that the related Obligor has provided the highest level of information to the Originator about its assets, liablities, income, credit history and employment history, as determined for “full documentation” in accordance with the Underwriting Policy.