Verification of Mortgage. Form used in mortgage lending to verify the existing mortgage balance, monthly payments and late payments, if any.
Verification of Mortgage. Most mortgages are rated on the credit report. Some Lenders do not report to the credit bureaus. In case of the latter, the Lender will send a VOM to the existing Mortgagor requesting the payment history. Some cases may require 12 months canceled checks from the borrower to support the Mortgage history.
Verification of Mortgage. A document signed by the borrower's current lender verifying the history of payments on the current mortgage.
VERIFICATION OF MORTGAGE. Written verification of borrower's mortgage history for a period of no less than 12 months.
Verification of Mortgage. A form that requests and secures documentation of a mortgage applicants work history and or occupation, to assist in the lender's credit investigation.
Verification of Mortgage. Verification of Rent (VOR) Veteran's Administration (VA)
Acronym for Verification of Mortgage.