Loan Standardization Documentation

From Open Risk Manual

Definition

Loan Standardization Documentation. The specific categorization of documentation obtained by the lender at the time of origination to qualify a borrower.

Loan Documentation Types vary from lender to lender and need to be completely understood.


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.