Liar's Loan

What is Liar's Loan?

A "no-doc" or "low-doc" mortgage that does not require documentation of income.

Even with his income, couldn't qualify for a large enough loan for the McMansion he wanted, so he got a "liar's loan."

See mortgage, loan

Zing

1. The new term for owned, said after saying something witty to someone in an insulting manner. Person 1: So, what'd you do last nigh..

Unexpected/10

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Human Vacuum

1. One who sucks many a dick, much like a vacuum sucks up dirt. Most of the time it is a woman. Example 1 Bill : I heard that broads a re..

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Liar's Loan Edit Meaning