Alternative Documentation  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Alternative Documentation

Alternative Documentation


When speed is of the essence, it may be possible to use alternative documentation to assist with the approval of the loan. Typically, this is used when the amount being borrowed is well within the affordability of the borrower, or where the borrower has a good track record with the relevant lender. For example, instead of requiring an employer reference, the lender may accept copies of payslips.

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Mortgage Glossary

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