Reduced documentation definition

Reduced documentation or "stated income" loan means a loan for which the lender may charge more because the borrower does not provide full documentation of income or assets.
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Reduced documentation means a loan feature that is commonly referred to as “low doc/no doc,” “no income/no asset,” “stated income,” or “stated assets.” For mortgage loans with this feature, an institution sets reduced or minimal documentation standards to substantiate the borrower’s income and assets.
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Reduced documentation or "stated income" loan means a loan for which the lender may charge more because
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Examples of Reduced documentation in a sentence

  • Reduced documentation and approvals enable accelerated delivery of capabilities; e.g., a single Test and Evaluation Master Plan or Capability Development Document could cover all releases for software intensive programs.

  • These developmental objectives are to be attained on the basis of specific macroeconomic policies which cut across all economic sectors.

  • Reduced documentation maintenance, updating a current contract documentation and a consistent understanding of the contract documents by the service providers allowing a consistent strategy for pricing the associated items and risk should all provide the potential for achieving savings through adopting a Standard Highway Maintenance Specification and Standard Details.

  • Some of the process improvements include:• Specified intake windows to encourage applications to apply with enough time to receive this limited-period funding.• A shelter and transitional housing specific capital and operating budget, which is included in the Application Form (PDF) in the “Resources” section of the website.• Reduced documentation required at intake, with the opportunity for further streamliningin each stage of the applications process.

  • The primary goal is to leverage pricing in order to control the EV customer arrival rates such that station operator can provide a charging service with a small level of customer LoLP QoS for each class.

  • Reduced documentation per DU/LPA is not permitted unless otherwise stated withinthis guide.1.3 Ability to Repay and Qualified Mortgage RuleATR/QMAll loans must be a Qualified Mortgage within the meaning of 12 C.F.R. 1026 (2),(e)(4), or (f)and comply with TILA and Regulation Z regarding the borrower’s Ability to Repay.Section 2: Transaction Details2.1 Minimum Loan AmountsMinimum Loan AmountsMinimum loan amount is $510,401.

  • Danger of Reduced Documentation Reduced documentation could be a possible risk of failing for some projects because detailed documentation is mandatory for future activities such as maintenance (Smolaks, 2012).

  • Reduced documentation requirements will be cost effective by reducing staff time for processing, a primary goal, though in a secondary way, self reporting may empower and promote self sufficiency.

  • Reduced documentation and approvals enable accelerated delivery of capabilities; e.g. a single TEMP or CDD could cover all releases for software intensive programs.


More Definitions of Reduced documentation

Reduced documentation means a practice in which a lender qualifies a borrower
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Reduced documentation means a loan feature in which the lender sets reduced or
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Related to Reduced documentation

  • Related Documentation means, with respect to Software, all materials, documentation (including control documentation utilized in connection with an audit), specifications, technical manuals, user manuals, flow diagrams, file descriptions and other written information that describes the function and use of such Software, but excluding source code.

  • Product Documentation means the specific materials listed under “Documentation” at

  • User Documentation means explanatory and informational materials concerning the Company products, in printed or electronic format, which the Company or any Subsidiary has released for distribution to end users with such Company products, which may include manuals, descriptions, user and/or installation instructions, diagrams, printouts, listings, flow-charts and training materials, contained on visual media such as paper or photographic film, or on other physical storage media in machine readable form.

  • Participant Documentation means the agreements (together with any applicable schedules, exhibits or appendices thereto required by BSEF) in form and substance acceptable to BSEF, that are required to be executed and delivered to BSEF before a Person may access the SEF operated by BSEF as a Participant. Participant Documentation shall not include DMA Customer Documentation.

  • Limited Documentation Program The guidelines under which the Seller generally originates Mortgage Loans principally on the basis of the Loan-to-Value Ratio of the related Mortgage Loan and the creditworthiness of the Mortgagor.

  • Acquisition Documentation collectively, the Acquisition Agreement and all schedules, exhibits and annexes thereto and all side letters and agreements affecting the terms thereof or entered into in connection therewith.

  • Service documentation means all records and information on one or more documents, including documents that may be created or maintained in electronic software programs, created and maintained contemporaneously with the delivery of services, and kept in a manner as to fully disclose the nature and extent of services delivered that shall include the items delineated in paragraph (E) of this rule to validate payment for medicaid services.

  • Co-Documentation Agent as defined in the preamble hereto.

  • Program Documentation refers to the user manuals, help windows, readme files for the Services and any Oracle Software. You may access the documentation online at xxxx://xxxxxx.xxx/contracts or such other address specified by Oracle.

  • Flood Documentation means, with respect to each Mortgaged Property located in the United States of America or any territory thereof, (i) a completed “life-of-loan” Federal Emergency Management Agency standard flood hazard determination (to the extent a Mortgaged Property is located in a Special Flood Hazard Area, together with a notice about Special Flood Hazard Area status and flood disaster assistance duly executed by the Borrower and the applicable Loan Party relating thereto) and (ii) a copy of, or a certificate as to coverage under, and a declaration page relating to, the insurance policies required by Section 5.02(c) hereof and the applicable provisions of the Security Documents, each of which shall (A) be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgagee endorsement (as applicable), (B) name the Collateral Agent, on behalf of the Secured Parties, as additional insured and loss payee/mortgagee, (C) identify the address of each property located in a Special Flood Hazard Area, the applicable flood zone designation and the flood insurance coverage and deductible relating thereto and (D) be otherwise in form and substance reasonably satisfactory to the Collateral Agent.

  • ISM Code Documentation includes, in respect of a Ship:

  • Account Documentation means any and all Account information, credit applications, Cardholder Agreements and change in terms notices, Charge Transaction Data, charge slips, credit slips, payments, credit information and documents or forms of any type and in any media relating to the Program, excluding materials used for advertising or solicitations.

  • Supporting Documentation means the documents listed in Schedule A of this Certificate which forms part of this

  • Streamlined Documentation Mortgage Loan Any Mortgage Loan originated pursuant to the Seller's Streamlined Loan Documentation Program then in effect.

  • Master Tapes means the respective compilations of information and data regarding the Mortgage Loans and the related Mortgaged Properties covered by those two certain Independent Accountants’ Reports on Applying Agreed-Upon Procedures rendered by a third party accounting firm described in Section 6(i) of this Agreement.

  • Co-Documentation Agents as defined in the preamble hereto.

  • Technical Documentation means designs, reports, photographs, drawings, plans, specifications, computer software, surveys, calculations and other data, information and material collected, computed, drawn or produced, including computer print-outs.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Software Documentation means software information, being technical information used, or useful in, or relating to the design, development, use or maintenance of any version of a software programme.

  • Expiry Date (Data di Scadenza) means the Expiry Date as specified in § 1 of the Product and Underlying Data.

  • Regulatory Documentation means, with respect to the Compounds, all submissions to Regulatory Authorities in connection with the development of such Compounds, including all INDs and amendments thereto, NDAs and amendments thereto, drug master files, correspondence with regulatory agencies, periodic safety update reports, adverse event files, complaint files, inspection reports and manufacturing records, in each case together with all supporting documents (including documents that include Clinical Data).

  • Security Documentation means the Security Documentation applicable to the specific Services purchased by Client, as updated from time to time, or as otherwise made reasonably available by IRONSCALES.

  • RfS Document means the bidding document issued by MSEDCL including all attachments, clarifications and amendments thereof.

  • L/C Related Documents has the meaning specified in Section 2.06(b)(i).

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Construction material means an article, material, or supply brought to the construction site by the Contractor or a subcontractor for incorporation into the building or work. The term also includes an item brought to the site preassembled from articles, materials, or supplies. However, emergency life safety systems, such as emergency lighting, fire alarm, and audio evacuation systems, that are discrete systems incorporated into a public building or work and that are produced as complete systems, are evaluated as a single and distinct construction material regardless of when or how the individual parts or components of those systems are delivered to the construction site. Materials purchased directly by the Government are supplies, not construction material.