Sentences with phrase «loan committee»

This is quite advantageous versus going through an entire loan committee process or underwriting process.

All offers will be reviewed by managing loan committee and need ample time to respond.

Prepared loan proposals, credit memos, and compiled financial information for loan committee review.

* Interface with Commercial Loan Officers to create Loan Committee Packages that include complete loan memorandum summary, financial spreads, and market...

Developed client presentation / credit study packages for loan committee and management review

Interface with Commercial Loan Officers to create Loan Committee Packages that include complete loan memorandum summary, financial spreads, and market trends

In a plan you intend to present to a bank loan committee, you might describe a rival as «competing primarily on a price basis.»

The Charter School Revolving Loan Committee will meet in the offices of the Utah State Board of Education, 250 E 500 South, Salt Lake City, from 9 a.m. to noon on Thursday, May 25, 2017.

Prepared loan approval reports from Board and Senior Loan Committee that exceeded total exposure limits.

He is on the Board of Directors of the Korean School Association, chairman of the Korean Credit Union Loan Committee and is vice-president of the Canadian Chapter of the Advisory Council on the Democratic and Peaceful Unification of Korea.

Traditional lenders may turn down a loan application for a number of reasons — timing issues, credit scores, underwriting criteria, executive loan committee denials — none of which are deterrents to hard money lenders like Montegra.

If you've used the institution in the past for personal or business accounts and loans, your banker may be more motivated to push your application through the loan committee.

He reported he loaned his committee $ 2,650,000.

Loans of less than $ 250,000 can be approved fairly quickly, with loans of less than $ 50,000 requiring only the OK of the regional development agency's staff, while loans of less than $ 250,000 must be approved by its loan committee.

If you've used the institution in the past for personal or business accounts and loans, your banker may be more motivated to push your application through the loan committee.

Some credit unions have loan committees that consist of employees and members.

A conventional loan is more time consuming because they have to underwrite the deal, order inspections, go through their legal department, get a «yes» from their loan committee, and put together their closing paperwork.

But from the time of the loan committee to SBA approval, you're probably looking at two weeks,» said Finch.

If it's approved by our loan committee, it gets forwarded to the SBA.

Once we receive that application, we determine the borrower's creditworthiness and submit it to our loan committee.

Therefore, should we sell or transfer the property to some other person whose credit the loan committee has had no opportunity to examine, the Association reserves the right to either approve the new party or parties or declare the entire sum owing due and payable.»

Plaintiffs also executed a «Borrower's Statement of Understanding» which stated: «We understand that your loan committee has approved this loan not only because they consider the property adequate security, but also because of our credit rating.

«This means appraisal, a loan committee, and business plan.

The Loan Committee reviews and approves PIDC's loans to local businesses, developers and non-profits.

Kleinbard LLC's Julie C. Berson was recently appointed to Philadelphia Industrial Development Corporation's Loan Committee.

Julie is active in the real estate community currently serving on the PIDC's Loan Committee and on the Urban Land Institute's Young Leaders Council.

Prepared officer memos and presented loans to officer loan committee and board of director's loan committee.

Accountable for insuring credits are underwritten properly from entire staff prior to going to loan committee

Prepared and analyzed loan presentations to recommend requests to Senior Loan Officer or Loan Committee.

I'm working on a line right now and the loan committee is giving me strong signals they are going to approve it.

The first bank turned me down after the loan committee decided they wanted me to have more skin in the game.

well those loan request will have to go to loan committee and when your banker takes you to loan committee you cant have 4,675.00 in the bank..

The commitment letter is usually binding, coming after the lender's loan committee or credit committee has approved the negotiated terms.

Montegra does not have a loan committee; full control of the money and of the decisions on what to fund is retained by Montegra at all times.

You deal directly with the decision maker rather than a middle man or a loan committee.

Rank risk by estimating degree of risk, noting any additional requirements and forwarding to loan committee.

When you broker a hard money loan with Montegra, you will always deal with the decision maker, not a loan committee, and encounter as little red tape as possible.

Further, PMF Partners LLC can make a decision within 24 hours of receiving information; institutional mortgage money must be approved by a loan committee that may only meet twice a month, and that may send the loan request back to the loan officer for more information, necessitating a further two week delay until the committee meets again.

Montegra doesn't have loans committees and borrowers don't have to pay extra fees to loan brokers or other middlemen.

Montegra does not adopt the methods of traditional lenders including bureaucratic restrictions or loan committees that can stand in the way of financing real estate investment deals.

Because Montegra has no loan committees or chief credit officers and minimal red tape, we are able to respond to most requests with a definitive answer within 24 hours (subject to receiving appraisal confirmation of the property's value) and to close on acquisition loans within 30 days (compared to the months that traditional lenders typically require).

Bank lenders used to be middlemen to a loan committee, now they're often middlemen to a computer analysis.

Home sellers are the best mortgage finance source for buyers because sellers have no loan applications, stupid mortgage lender rules and ratios, loan committees, credit checks, income verifications, appraisals, underwriting, loan fees and...

No loan committee intimidation.