Sentences with phrase «initial loan application form»
From the initial loan application form: «If new and / or additional debts or obligations are identified prior to closing the mortgage loan, the Lender may re-underwrite the application to assess loan program qualifications are met.
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Key Results and Accomplishments • Attained 100 % accounts reconciliation rate within 6 months of initial hiring • Reduced account opening time by 40 minutes on average by utilizing an online customer database for initial form filling and application processing • Reduced loan default rate by 30 % through enactment of effective risk mitigation policies • Enhanced operational efficiency by 27 % through implementation of semi-automated cash balancing and transaction processing protocols
The industry should be prepared to begin using the new forms for loans with an initial application submitted on or after Aug. 1,» said Sam Gilford, spokesperson for the Consumer Financial Protection Bureau.
The industry should be prepared to begin using the new forms for loans with an initial application submitted on or after Aug. 1.