Sentences with phrase «prior loan obligations»

A Direct Consolidation Loan is a new loan obligation that replaces multiple prior loan obligations.

Not exact matches

The lender's obligation expires if the borrower does not close the loan prior to the expiration date of the commitment.

However, a motor vehicle title lender may seek a personal money judgment against you if you impair the motor vehicle title lender's security interest by (i) intentionally damaging or destroying your motor vehicle; (ii) intentionally hiding your motor vehicle; (iii) giving the motor vehicle title lender a lien on a motor vehicle that has an undisclosed prior lien; (iv) selling your motor vehicle without the motor vehicle title lender's written consent; or (v) securing another loan or obligation with a security interest in your motor vehicle without the motor vehicle title lender's written consent.

Like all financial decisions and all loans, ask as many questions and get as much information as possible prior to assuming a new obligation.

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.

In ruling in favor of the debtor, the court ruled that he was under no obligation to exhaust his administrative remedies prior to seeking discharge of his student loans in bankruptcy:

Debts such as student loans which were taken on prior to the marriage will remain the obligation of the original borrower.