Sentences with phrase «loan participation program»

Not exact matches

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; Not be suspended or debarred from participation in federal programs.

Alongside the more popular FHA loans, SunTrust's participation in these programs make it a mortgage lender that's particularly focused on providing more options for customers that want to lower their down payment requirements.

In addition, Quicken's participation in the FHA program allows it to offer a low down payment of 3.5 %, which can help minimize the upfront costs of your first home loan.

Gov. Dannel P. Malloy on Wednesday announced the company's participation in the Department of Economic and Community Development's First Five program, providing up to $ 28 million in loans and up to $ 7 million in grants to support the firm's $ 72 million expansion project.

During his tenure, ECIDA's affiliate lending company made some 396 loans for over $ 61 Million, established an innovative loan program which allowed for structured participation loans with local commercial lenders, initiated the ECIDA's participation in the SBA Micro Lending program, and launched a minority entrepreneur loan / scholarship program aimed at creating entrepreneurial opportunity in the minority community.

He also helped create an innovative RDC loan program which allowed for structured participation loans with local commercial lenders.

Check with your loan officer if you have specific questions about your participation in this program using an FHA home home loan.

In addition, Quicken's participation in the FHA program allows it to offer a low down payment of 3.5 %, which can help minimize the upfront costs of your first home loan.

These two factors make up the biggest barrier to new borrowers, and Quicken's participation in the FHA loan program represents an affordable solution to both.

Participation in the Mass Solar Loan program is an opportunity for lenders to become a part of the growing Massachusetts residential solar market.

Participation in the Loan Repayment Assistance Program (LRAP or Program) requires qualifying employment of at least one year before payment is authorized and applicant must show proof of good standing.

Repayment of Unforgiven Loans Participation in the program constitutes assumption of the legal obligation to repay all unforgiven loans provided through Loans Participation in the program constitutes assumption of the legal obligation to repay all unforgiven loans provided through loans provided through LRAP.

There's also never been a more important time to look beyond the promise of low rates and get your home loan from a mortgage company you can trust; one with a proven record of unsurpassed customer service and an established reputation that includes participation in the highly respected LendRIGHT program.

§ In the case of a physician, have completed an accredited residency training program and received a recommendation from the director of the training program concerning participation in the loan redemption program;

• Be a citizen of US, US non-citizen or other Qualified Alien • Property must in designated rural area • Have income less than 115 % of the median income in the county • Must occupy the dwelling as primary residence • Must have the legal / financial capacity to incur loan obligations • Shouldn't be suspended or disqualified from participation in federal programs • Establish will to timely meet credit obligations

More recently, the GAO issued a comprehensive report on servicing failures, including low levels of participation of eligible borrowers in the income driven and public service loan forgiveness programs.

(1) any person authorized to make loans or extensions of credit under the laws of this state or the United States, if the person is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing Act, United States Code, title 12, section 1701 et seq.;

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

Loans are subject to an Application Fee of $ 75 and a Program Participation Fee of $ 500 plus $ 200 compliance fee.

Yet this is how school officials talk about the program, in one case at the Atlanta hearing describing the PLUS loan as for many ``... the only avenue for the exit of poverty and the achievement of any kind of middle - class status and participation in the modern work force.»

This loan was incurred to pay tuition and expenses for the Debtor's participation in Co-Active Coach Training Program and Co-Active Leader Program at the Coaches Training Institute (hereinafter «CTI»).

Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing Act;

For Direct Loan borrowers GAO examined: (1) how participation in Income - Based Repayment and Pay As You Earn compares to eligibility, and to what extent Education has taken steps to increase awareness of these plans, and (2) what is known about Public Service Loan Forgiveness certification and eligibility, and to what extent Education has taken steps to increase awareness of this program.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.);

Interest rate: The interest rate on BND's participation percentage is set in accordance with either the loan policies for the program or the current market rate for similar loans.

«Credit Services Organization» does not include any of the following: (i) a person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1987.

One organization stated that it is not opposed to the Department improving transparency by providing more information about participation in the PLUS Loan program, such as the number of applications; approval, denial and reconsideration rates; and amounts borrowed.

Banks want there money and most loan modification programs have had little participation and even less success in slowing foreclosures.

(1) A person authorized to make loans or extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act (12 U.S.C. § 1701 et seq.);

Bank Participation Loan Application (PDF) Beginning Entrepreneur Loan Guarantee Program Lender Payment History (PDF)

Drought Disaster Programs Ag Commodity Export Ag PACE Beginning Farmer Chattel Beginning Farmer Real Estate Biofuels PACE Envest Established Farmer Real Estate Family Farm Loan Farm and Ranch Participation Farm Operating Loan Program Farm Real Estate Loan Guarantee Program First Time Farmer Finance FSA Guaranteed Loan Purchase Livestock Waste Management

(i) Any person or entity authorized to make loans or extensions of credit under the laws of this state or the United States, which person or entity is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing Act;

Through the program, the council provides veterinary education loan repayments from the fund to eligible veterinarians who have graduated from an accredited doctor of veterinary medicine school; currently live in Colorado or, at some point, have lived in Colorado for at least three years; and agree to practice veterinary medicine for up to four years in a rural area of the state that is experiencing a shortage of veterinarians that the council designates for participation in the program.

«At York University at Osgoode Hall, the administration there has implemented a pilot project with a lot of student's input and participation to create income contingent loans programs for group of students who are going to begin in the next year,» says Gilani.

• Orchestrated strategic enlistment of mentor contractors participation in Carver Bank Loan Program; $ 7M in loans since 2008.

• Orchestrated enlistment of mentor contractors participation in Carver Bank Loan Program; $ 7M in loans since 2008.

• Orchestrated the enlistment of mentor contractors participation in Carver Bank Loan Program; $ 7M in loans since 2008.

States would pay back this loan with the savings associated with participation in the programs.

By offering this program at such a low cost, participation was phenomenal, which greatly increased the awareness of foreclosure prevention through loan modification initiatives or through a short sale.

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; and not be suspended or debarred from participation in federal programs.

NRMLA strongly suggests that you coordinate your participation in any tax exemption program with your loan servicer.

Its commercial real estate lending program focuses on loans ranging between $ 500,000 and $ 5 million with participation loans available up to $ 10 million.

Applicants must be without decent, safe and sanitary housing; Be unable to obtain a loan from other resources on terms and conditions that can reasonably be expected to meet; Agree to occupy the property as your primary residence; Have the legal capacity to incur a loan obligation; Meet citizenship or eligible noncitizen requirements; Not be suspended or debarred from participation in federal programs.