Sentences with phrase «commercial loan applicants»
Not exact matches
Bankers and Loan Officers at Credit Unions represent the bank and the credit union not the applicant where as a commercial loan broker just like a mortgage broker represents Loan Officers at Credit Unions represent the bank and the credit union not the applicant where as a commercial loan broker just like a mortgage broker represents loan broker just like a mortgage broker represents you.
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In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other Federal program for the relevant passenger rail station or service by increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).
Applicants with outstanding law school student loans, both federal and commercial, are invited to apply to the LRAP program.
Many students then turn to private loans, which are issued by banks, credit unions, and other commercial lenders.These loans are typically approved based on the creditworthiness of the applicant.
The simplified issue policies are great if you are in a bind for time such as for a court order or a commercial loan but the applicant is going to have to pay for this convenience.
A loan officer acts as an intermediary between applicants seeking mortgage or commercial loan and the lender who extends this monetary credit.
Very common for commercial loans for borrowers of all credit scores; for residential loans most often seen for credit - challenged applicants or for certain non-owner occupied loans.