Sentences with phrase «loan under the criteria»

Not exact matches

Mortgagees are reminded that the eligibility criteria for delinquent borrowers and new subordinate financing under the FHASecure initiative are temporary and require that the loan application be signed no later than December 31, 2008.

New FHA guidelines announced August 15, 2013, in Mortgagee Letter 2013 - 26 say that borrowers who meet certain criteria and qualify for a loan under FHA requirements will be able to apply for an FHA loan without the usual mandatory waiting period after a foreclosure, short sale or bankruptcy.

In order to qualify for loan forgiveness under the Public Service Loan Forgiveness Program, there are several criteria that you will need to mloan forgiveness under the Public Service Loan Forgiveness Program, there are several criteria that you will need to mLoan Forgiveness Program, there are several criteria that you will need to meet.

There are essentially three criteria a consumer has to meet under the Brunner test: (1) a current inability to repay the loans, (2) a future inability to repay the loans, and (3) a good faith effort to repay the loans.

Failure of a private student loan to meet any of these criteria means that the loan is fully dischargeable, because it would not qualify under section 523 (a)(8) of the bankruptcy law.»

Education Department attorneys wrote last month in a document filed with the Government Accountability Office that the Trump administration plans to move forward to hire new loan servicing companies — but based on «substantially» different criteria than what had been proposed under Obama.

As rate shopper looking for a BC Home Equity Loans (this does not apply to Home Equity LOC's to 65 % LTV at a bank or financial institution) you are dealing with a product that means for one reason or another you do not qualify under conventional mortgage criteria.

The idea is this: If a lender makes a loan that meets the criteria set forth under the QM rules, that lender will be protected from any legal action on the borrower's part.

While some lenders might be worried that borrowers with student loan debt might not be able to handle monthly mortgage payments, Fannie Mae is anticipating that the mortgages originated under the new guidelines will have low default rates since applicants must still meet regular credit score and other underwriting criteria.

Mostly, first time home buyers and even repeat homebuyers will qualify under the FHA loan program because it has expanded qualifying criteria.

These commenters argued that parent eligibility under the adverse credit history criteria should include some measure of likely ability to repay the loan based on the applicant's current financial circumstances.

Doctors are eligible for a Personal Loan under the special Scheme if they meet the following eligibility criteria.

Many loan forgiveness programs will discharge and forgive the debt of students who meet the criteria and are working in a position that qualifies under the program.

If your home qualifies under USDA rules, you may be able to get a 100 % financing loan with flexible credit criteria.

Online personal loans can be availed of under 2 minutes online if the applicant meets the eligibility criteria

What is the criterion to determine the eligibility of loan and repayment thereof under a life policy?

However, much, if not all, of the information that the commenter cited will be necessary to know and evaluate the loan - to - value ratio and other criteria in order to: (1) Determine the consumer's ability to repay as required under § 1026.43 (c); or (2) to evaluate the transaction for its eligibility for government loan programs and sale on the secondary market.