Sentences with phrase «additional loan conditions»
Buyers will sign loan disclosures, review the inspection reports and the appraisal, provide additional loan conditions and documents, and show up to sign loan documents about 5 to 7 days before the anticipated closing date.
https://www.jvmlending.com/
Additional loan conditions may include the home price and loan type restrictions, and you risk losing benefits if you sell the home too soon.
Additional loan conditions may include the home price and loan type restrictions, and you risk losing benefits if you sell the home too soon.
Not exact matches
However, the lenders are under no obligation to provide any such additional commitments or loans, and any increase in commitments or incremental term loans will be subject to customary conditions precedent.
Please refer to your loan documents for additional terms and conditions.
All loans subject to additional terms, limitations, and conditions.
The total amount you owe each month for all the student loans you received is 20 % or more of your total monthly gross income (additional conditions apply)
Well - intentioned as it may be, limiting the ability of schools to require additional counseling as a condition for accessing federal loan funds is detrimental on a broad scale — affecting student borrowers, schools and taxpayers alike.
Additional requirements (known as loan conditions) may need to be cleared to help underwriters approve your loan.
From the loan standpoint, delays occur when the bank requires some type of loan condition, such as additional credit references, additional paperwork to show income, or a higher escrow amount.
Once your signed loan documents are received by our in - house funding department, they will review the documents one last time and condition for any additional information needed (missed signatures, receipt of funds to close, etc.) When closing conditions have been met, our funding department gives escrow the authorization to record & disburse.
1987): (1) At current income and expense levels, the debtor would not be able to maintain a «minimal standard of living» if required to repay the student loans; (2) additional circumstances indicate that this financial condition is likely to continue for a substantial part of the repayment period; and (3) the debtor has made «good faith efforts to repay the loans.»
Be careful Banks may offer additional benefits like free credit cards or accident insurance to prompt you for availing loan transfer facility, try to analyze such offers very carefully and the terms and conditions before taking any decision.
After we make the initial Loan to you, we may refuse to allow you to take out additional loans under the multi-year approval feature, terms and conditions will be outlined in your promissory note.
Please refer to your loan documents for additional terms and conditions.
Always review a loan's terms and conditions before accepting the contract so you know what additional fees and charges you should expect.
The Loan Processor may ask you questions & request additional information (called «conditions») in order to make a more complete package for the Underwriter to review.
Note that this is not necessarily the same as the actual death benefit payable Please refer to your policy's terms and conditions for additional information on the factors that may increase or decrease the actual death benefit payable, which may include loans taken or additional coverage purchased.
The actual amount payable may be decreased by loans or increased by additional benefits payable under specified conditions or stated in a add on benefit.
Works with loan processor to provide additional documentation and letters of explanation to underwriters to clear the conditions and close each loan
«This means that the loan is moving forward but there are or may be additional conditions that will need to be met in order to finalize and close the loan.»
Borrower can refuse loan due to numerous additional conditions, beyond «customary closing requirements.»
Steven G. Walther, Inc. v. Taranto (16 A.D. 3d 1076) buyers procured by broker remained ready willing and able to complete the purchase pursuant to the terms of the purchase contract thereby entitling broker to its commission where purchase and sale contract addendum made the offer contingent upon the sale of buyer's existing residence; pursuant to the addendum, seller received another purchase offer, he was entitled, upon notice to the buyers, to accept the offer and cancel the contract with the buyers unless they removed the sale and transfer of title contingency within three days after receiving such notice; buyers could remove the contingency by demonstrating in writing that they had accepted a mortgage loan commitment which does not require the sale and transfer of title of their property as a condition of the mortgage loan funding; buyer complied with such requirement, even though mortgage loan commitment was subject to additional conditions not prohibited by the contract; judgment for broker.
Lastly, the final rule does not impose explicit requirements on mortgage brokers with respect to providing application information to the creditor and to establishing additional conditions that mortgage brokers must satisfy before they issue a Loan Estimate.