no income, no job, no asset loan. A `Ninja loan” is industry slang for a no doc loan, which doesn`t require income, asset, or job verification. NoIncomeNoJobAssets. It`s not specifically for Ninjas, unless they`ve got something to hide. Found on http://www.thetruthaboutmortgage.com/mortgage-dictionary/
no income, no job, no asset loan. A `Ninja loan” is industry slang for a no doc loan, which doesn`t require income, asset, or job verification. NoIncomeNoJobAssets. It`s not specifically for Ninjas, unless they`ve got something to hide.