Sentences with phrase «responsibilities as a borrower»

This learning opportunity provides information about your rights and responsibilities as a borrower.

However, if you are confident a reverse mortgage loan is the best option for you, these counselors can answer your questions and offer unbiased information about the advantages, drawbacks, loan process, and your responsibilities as a borrower.

If you believe that your loan was incorrectly placed in default, you should first consider whether you have met all of your responsibilities as a borrower.

It lists the terms and conditions under which you agree to repay the loan and explains your rights and responsibilities as a borrower.

If you believe that you've met all of your responsibilities as a borrower and that your loan was placed in default in error, you must contact your loan holder and provide evidence that your loan should not be in default status.

The purpose of the counseling is to give students the opportunity to review borrowing limits and disbursement procedures, and confirm that students understand their rights and responsibilities as borrowers.

You may not have to begin repaying your federal student loans right away, but you don't have to wait to understand your responsibilities as a borrower.

We do not offer mediation services and can not intervene if you fail to fulfill your responsibilities as a borrower.

It is meant to explain your responsibilities as a borrower as well as your rights and protections.

The co-signer agrees to be constrained by the same responsibilities as the borrower.

We make sure that all of our customers are well informed about the process of borrowing money, about their responsibilities as borrowers and about the repercussions of failing to pay money back on time.

Your credit score indicates to potential lenders and creditors your responsibility as borrower.

This learning opportunity provides information about your rights and responsibilities as a borrower.

These proportions measure your amount of available credit against your debt, and serve as an important indicator of your responsibility as a borrower.

However, if you are confident a reverse mortgage loan is the best option for you, these counselors can answer your questions and offer unbiased information about the advantages, drawbacks, loan process, and your responsibilities as a borrower.

They outline your key rights and responsibilities as a borrower, and record the transaction between you and your lender.

Not exact matches

The MPN is a legal document stating that you agree to pay back your loans, including any accrued interest and fees, and explains your rights and responsibilities as a student loan borrower.

There is no prediction that can be made as to what will take place with any of the student loan forgiveness programs, but borrowers should be aware that any or all of these benefits may disappear in the future, leaving the responsibility to repay student loans fully on their shoulders.

A cosigner takes on just as much responsibility for repaying the student loan as the primary borrower does, and is equally affected by any missed payments.

Therefore, it is the borrower's responsibility to keep the home maintained with basic repairs, as well as ensure the home is protected by homeowners insurance, just as you would need to with a traditional mortgage loan.

A lender can try and force cosigners to repay the loan, because that cosigner is considered another borrower, with the same responsibilities as the student borrower.

Not only does it shift responsibility for bearing the losses from the borrowers (who should be primarily responsible) but it shifts the burden onto those less culpable such as investors who purchased shares in the lenders, CDOs etc and, above all, the tax payer.

Remember, a cosigner agrees to all the same obligations as a borrower, so cosigning a loan is a huge responsibility.

Servicers also provide access to training programs on topics such as budgeting, managing credit, and other financial literacy tips to help borrowers learn more about how to handle their newfound financial responsibilities.

The mortgage restates the basic information contained in the note, as well as details the responsibilities of the borrower.

If you as a borrower would like to request help setting aside the funds for these obligations, your lender can withhold funds to cover these necessary responsibilities.

The Mortgage / Security Instrument restates the information of the Promissory Note and explains your responsibilities and rights as a borrower.

A mandatory information session which takes place before you receive your first federal student loan that explains your responsibilities and rights as a student borrower.

Their responsibility is to assign the appraisal order to a local FHA approved appraiser in the same market area as the property of the Reverse Mortgage borrower and to be the go - between for the Lender and the appraiser to maintain appraiser independence.

As a borrower in this type of arrangement, you not only have a financial responsibility to your lender, you also have a personal responsibility to them and your relationship.

The FHA requires counseling sessions to inform older homeowners on their options when opening a reverse mortgage account, as well as identifying specific borrower responsibilities throughout the life of the loan.

A mandatory information session that takes place before you receive your first federal student loan that explains your responsibilities and rights as a student borrower.

It is your responsibility, as a borrower, to determine your affordability level.

However, a person who has a shorter history of self - employment — 12 to 24 months — may be considered, as long as the borrower's most recent signed federal income tax returns reflect the receipt of such income as the same (or greater) level in a field that provides the same products or services as the current business or in an occupation in which he or she had similar responsibilities to those undertaken in connection with the current business.

The Mortgage restates the basic information contained in the note, as well as details the responsibilities of the borrower.

It is mandatory for you to remember as a borrower that taking an auto loan comes with certain legal responsibilities.

Just as a borrower is responsible for on - time monthly payments until the loan is satisfied, a cosigner shares that same responsibility.

The MPN is a legal document stating that you agree to pay back your loans, including any accrued interest and fees, and explains your rights and responsibilities as a student loan borrower.

(IV) Entrance and exit counseling services provided to borrowers to meet The Cooper Union's responsibilities for entrance and exit counseling as required by applicable law, as long as --

(IV) Entrance and exit counseling services provided to borrowers to meet The Cooper Union's responsibilities for entrance and exit counseling as required by applicable law, as long as --

In addition to primary responsibility for all of the New York law transaction documentation, Becker Glynn coordinated the efforts of attorneys for the lenders, as well as for the borrower and the sponsors, in the Dominican Republic, Germany, and Spain, and addressed a number of structural issues relating to security and anticipated ownership changes.

Their responsibility is to assign the appraisal order to a local FHA approved appraiser in the same market area as the property of the Reverse Mortgage borrower and to be the go - between for the Lender and the appraiser to maintain appraiser independence.

For more information about what your responsibilities as a reverse mortgage borrower would be, call your very own Reverse Mortgage Professional at 1-888-998-3147, who will detail all responsibilities for your unique situation.

Therefore, it is the borrower's responsibility to keep the home maintained with basic repairs, as well as ensure the home is protected by homeowners insurance, just as you would need to with a traditional mortgage loan.

It's then your responsibility, as the borrower, to document the expense of whatever improvements your plan to make.