Sentences with phrase «program on behalf of the borrower»
Not exact matches
In addition, borrowers who have lump - sum payments made on their behalf under a student loan repayment program administered by the U.S. Department of Defense may also receive credit for more than one qualifying PSLF payment.
https://studentaid.ed.gov/
USDA also has a «Mortgage Recovery Advance» program in which the Department provides guaranteed lenders up to 12 months of mortgage payments on behalf of borrowers who have fallen behind on their payments due to job loss or other hardships.
It assists its members in shaping policies governing federal and private student loan and state grant programs on behalf of students, parents, borrowers, and families.
The program basically insures a portion of them to lenders on behalf of eligible borrowers.
So far, Fannie Mae, which also offers a 3 % down program that lenders could buy down on behalf of borrowers, has not issued any new restrictions on such lender - funded down payment assistance.