{"id":122,"date":"2026-08-15T14:09:07","date_gmt":"2026-08-15T18:09:07","guid":{"rendered":"https:\/\/balancekim.com\/mortgage\/?page_id=122"},"modified":"2026-08-22T16:26:45","modified_gmt":"2026-08-22T20:26:45","slug":"full-doc-vs-alt-doc","status":"publish","type":"page","link":"https:\/\/balancekim.com\/mortgage\/full-doc-vs-alt-doc\/","title":{"rendered":"FULL DOC vs ALT DOC"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">One of the most fundamental concepts in mortgage lending is the difference between\u00a0Full Doc (Full Documentation)\u00a0and\u00a0No Doc or Alt Doc (No Documentation or Alternative Documentation). Here,\u00a0<em>doc<\/em>\u00a0refers to documents \u2014 specifically, the\u00a0official documents used to verify income. Let me break it down in a simple and clear way.<\/p>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"796\" src=\"https:\/\/balancekim.com\/mortgage\/wp-content\/uploads\/2026\/08\/full-doc-no-doc-1.jpg\" alt=\"Full Doc No Doc 1\" class=\"wp-image-123\" style=\"aspect-ratio:1.286437783404982;width:760px;height:auto\" title=\"FULL DOC vs ALT DOC\" srcset=\"https:\/\/balancekim.com\/mortgage\/wp-content\/uploads\/2026\/08\/full-doc-no-doc-1.jpg 1024w, https:\/\/balancekim.com\/mortgage\/wp-content\/uploads\/2026\/08\/full-doc-no-doc-1-300x233.jpg 300w, https:\/\/balancekim.com\/mortgage\/wp-content\/uploads\/2026\/08\/full-doc-no-doc-1-768x597.jpg 768w, https:\/\/balancekim.com\/mortgage\/wp-content\/uploads\/2026\/08\/full-doc-no-doc-1-15x12.jpg 15w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:39px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">FULL DOC, Full Documentation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Full Doc is the traditional, standard method of qualifying for a mortgage using&nbsp;fully verified income documents, such as tax returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not only W\u20112 wages or self\u2011employment income, but also legally documented income such as&nbsp;alimony,&nbsp;child support, or any other source that is transparent, verifiable, and expected to continue can be counted as qualifying income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most types of income must have been received&nbsp;consistently for at least 1\u20132 years&nbsp;to be included in the calculation. If you recently started receiving the income and it has not yet appeared on your tax return, it may be difficult to use.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That said, even if it has been less than a year, the income&nbsp;may&nbsp;be accepted if:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>there is a court order or a clear written agreement,<\/li>\n\n\n\n<li>the payments are being deposited regularly into your bank account, and<\/li>\n\n\n\n<li>the documentation clearly states that the income will continue for&nbsp;at least three years.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">ALT DOC, Alternative Documentation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">What many people call&nbsp;\u201cNo Doc or Alt Doc\u201d&nbsp;simply means that the lender&nbsp;will not review your tax returns. Instead, the borrower must prove repayment ability through&nbsp;alternative forms of documentation. In the actual mortgage industry, this is more accurately referred to as&nbsp;Alternative Documentation&nbsp;or&nbsp;Non\u2011QM&nbsp;lending.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This program is commonly used by self\u2011employed borrowers or investors whose tax returns show low net income due to deductions. Instead of tax returns, they verify income using:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bank statements<\/strong><\/li>\n\n\n\n<li><strong>CPA\u2011prepared Profit &amp; Loss statements (P&amp;L)<\/strong><\/li>\n\n\n\n<li><strong>Rental income from investment properties<\/strong>, and more.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">You can review more details about&nbsp;<a href=\"https:\/\/balancekim.com\/mortgage\/non-qm\/\" data-type=\"page\" data-id=\"73\">Alt Doc programs here<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the most fundamental concepts in mortgage lending is the difference between\u00a0Full Doc (Full Documentation)\u00a0and\u00a0No Doc or Alt Doc (No Documentation or Alternative Documentation). Here,\u00a0doc\u00a0refers to documents \u2014 specifically, the\u00a0official documents used to verify income. Let me break it down in a simple and clear way. FULL DOC, Full Documentation Full Doc is the&hellip;&nbsp;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"class_list":["post-122","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/pages\/122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/comments?post=122"}],"version-history":[{"count":10,"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/pages\/122\/revisions"}],"predecessor-version":[{"id":231,"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/pages\/122\/revisions\/231"}],"wp:attachment":[{"href":"https:\/\/balancekim.com\/mortgage\/wp-json\/wp\/v2\/media?parent=122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}