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Special status or non status

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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Letter S

Special status or non-status

This is a mortgage from a lender were virtually no supporting documentation or evidence is required in general the lender will only require a clean credit check again they will insist on a large deposit such as 20% to 30% but they will not require an employers reference or a lenders reference.

FSA declaration and important text about mortgage advice