no doc zero down home loans with teaser rates? I live in Los Angeles, no doc zero down home loans with teaser rates are still being made to illegal aliens. I recently read the sentence above from an

Zhenya

no doc zero down home loans with teaser rates? I live in Los Angeles, no doc zero down home loans with teaser rates are still being made to illegal aliens. I recently read the sentence above from an article from The Telegraph. What's the meaning of no doc zero down home loans with teaser rates?

13 jul. 2014 15:40

Antwoorden · 3

"No doc" = no documentation. "Zero down" = no down-payment or deposit. "Teaser rates" = interest rates that are lower than normal at the beginning, to make the loan look appealing. They go up later.

13 juli 2014

Heb je je antwoorden nog steeds niet gevonden?

Schrijf je vragen op en laat de moedertaalsprekers je helpen!