noun
Meaning 1
A stated-income (US) or self-certificated (UK) loan secured by a mortgage granted without the lender verifying information provided by the applicant as to financial or employment status.
Definition source: English Wiktionary via Wiktextract
Usage: derogatory, informal, no-plural
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided