Sentences with phrase «stated purpose of these loans»

Later on in the application process, you must state the purpose of the loan.
The stated purpose of these loans is to repair bad credit, however, based on our knowledge and experience, these loans are unlikely to be successful at repairing credit.

Not exact matches

The application will ask you for your state of residence, requested loan amount and loan purpose.
Furthermore, under the general welfare provision of the Constitution, the Federal Government offers financial assistance to states and local communities for a variety of educational purposes, ranging from subsidies for school lunch programs to salaries for teachers of agriculture and loans for school building construction.
In 2015, the IDA was informed by the New York State Authority Budget Office of the State Comptroller's Formal Opinion No.2014 - F1 which stated that Industrial Development Agency's did not have the legal authority to create subsidiaries for purposes outside of those specifically authorized in their enabling legislation and that IDA's are not authorized,» to make grants or loans of its money to any type of entity.»
The DOE collects information from states on teacher shortages for the purposes of its loan forgiveness and TEACH grant programs.
Specific provisions included scholarships and loans to students in higher education, with loans to students preparing to be teachers and to those who showed promise in the curricular areas of mathematics, science, engineering, and modern foreign languages; grants to states for programs in mathematics, science, and modern foreign languages in public schools; the establishment of centres to expand and improve the teaching of languages; help to graduate students, including fellowships for doctoral students to prepare them to be professors at institutions of higher learning; assistance for the improvement of guidance, counseling, and testing programs; provisions for research and experimentation in the use of television, radio, motion pictures, and related media for educational purposes; and the improvement of statistical services at the state level.
The Secretary shall accept, for the purpose of making a finding with regard to adequate collateral for a public entity, the net present value on a future stream of State or local subsidy income or a dedicated revenue as collateral offered to secure a loan.
Application For loan First Name: Last Name: Date Of Birth: Address: Sex: Phone No: City: Zip Code: State: Country: Nationality: Occupation: Monthly Income: Amount Needed: Duration: Purpose of the loan: E-mail addresOf Birth: Address: Sex: Phone No: City: Zip Code: State: Country: Nationality: Occupation: Monthly Income: Amount Needed: Duration: Purpose of the loan: E-mail addresof the loan: E-mail address:
Of course, stating that the purpose of a loan is to clear debts is not quite enougOf course, stating that the purpose of a loan is to clear debts is not quite enougof a loan is to clear debts is not quite enough.
Closing Costs Guaranteed means that AHC Lending's Processing and Underwriting fees (if applicable) for your loan application will not change between the time your rate is locked and the time you close, assuming the following: No change in your loan amount, property value, property type, occupancy purpose, interest rate, lender credit or discount points, credit rating, any stated items on your application, such as your income, assets, job history, address history, legal residency status, or any other factor that may affect the underwriting decision of the loan you applied for do not change.
For the purposes of the Teacher Loan Forgiveness Program, full - time employment as a teacher is determined by the state's standard.
Although 90 % of all reverse mortgage loans in the United States are the government - insured Home Equity Conversion Mortgages (HECM), there are actually several types designed for different purposes.
The purpose of the new student loan interest rate bill is to lower the cost of loan repayment for students, while keeping them intrinsically linked to the state of the economy.
The maximum percentage of your home's value depends on the purpose of your loan, how you use the property, the loan type you choose and in wich state you are applying for the mortgage loan.
Personal information collected on this web site will only be used for the purposes stated at the time of collection (loan application, rate quote inquiry, etc).
JCF Lending Group is a Minnesota mobile home lender and was founded in 1994 with the sole purpose of providing manufactured & mobile home loans across the State of Minnesota.
Loan Purpose: PurchaseRefinanceCashout Refinance Property Type: Single Family DetachedCondominiumMulti - Family Loan Type: 30 Year Fixed25 Year Fixed20 Year Fixed15 Year Fixed10 Year FixedAdjustable Occupancy: Owner OccupiedSecond HomeInvestment Credit Profile: 760 + Excellent755 - Excellent750 - Excellent745 - Excellent740 - Excellent735 - Very Good730 - Very Good725 - Very Good720 - Very Good715 - Good710 - Good705 - Good700 - Good695 - Good690 - Good685 - Good680 - Good675 - Fair670 - Fair665 - Fair660 - Fair655 - Fair650 - Fair645 - Poor640 - Poor635 - Poor630 - Poor625 - Poor620 - Poor Loan Amount: Estimated Value: First Name: * Last Name: * Email: * Primary Phone: * Secondary Phone: State: * AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVTVirginiaWashingtonWest VirginiaWisconsinWyoming Zip Code: * Notes: * = Required
It said that some of these private loans required the signing of documents stating that the debtor would only use them for educational purposes, even though they were in excess of the borrower's need.
A stated purpose allows a lender to understand the motivation behind the loan, and to gauge the character of the applicant.
1) Full Names: 2) Country: 3) address: 4) State: 5) Gender: 6) Marital Status: 7) Occupation: 8) Phone Number: 9) Monthly income: 10) Loan Amount Needed: 11) Loan Duration: 12) Purpose of Loan:
The purpose of the Regents Physician Loan Forgiveness Award Program is to increase the number of physicians practicing in areas of New York State designated by the New York State Board of Regents as having a shortage of physicians.
The Company remains in capital compliance for all regulatory purposes despite severe write - offs; however, non-performing loans continue to increase; our purchase price of 1 1/4 compares with a stated net asset value at September 30, 1990 of $ 13.16 per share.
(Sec. 128) Amends the Energy Policy Act of 2005 to include: (1) American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands within the definition of «state» for the purposes of the diesel emissions reduction program; and (2) the construction of pipelines for renewable fuels within the loan guarantee program.
Chapter 18, of 1918, The Halifax Disaster Provincial Loan Act was passed which in s. 3 stated «The sum realized from the sale of debentures of Nova Scotia or of Nova Scotia stock issued for the purpose of raising the said sum of one hundred thousand dollars, or any part therof, shall be paid into the Provincial Treasury and shall be paid and applied for purposes in connection with conditions created by the explosion in Halifax Harbour on the 6th day of December, A.D., 1917.»
A CMA can also be used — depending on variations in state laws — for a variety of other purposes, including loan modifications, short sales and foreclosure / REO purchases, value trend analysis, mediation and negotiation.
State and Federal regulatory agencies stipulate that private capital lenders are only allowed to underwrite the second type of residential real estate loans (business - purpose loans).
In addition to Medicaid, these include single - purpose loan programs directed toward home repair and property taxes that are offered by many states and municipalities; and a variety of services offered through the Aging Network, such as senior centers, in - home care and nutrition support that are financed by the federal government.
The Bureau is further revising § 1026.37 (a)(9)(iii) to state that a loan is for «Construction» only if it will be used to finance the initial construction of a dwelling and is not for one of the purposes described in § 1026.37 (a)(9)(i) or (ii), for the reasons discussed in the section - by - section analysis of § 1026.37 (a)(9)(ii).
For purposes of § 1026.38 (j), a first user loan is a loan to finance construction of a new structure or purchase of a new manufactured home that is known at the time of consummation to be real property under State law, where the structure was constructed for sale or the manufactured home was purchased for purposes of resale and the loan is used as or converted to a loan to finance purchase by the first user.
The first set of amendments, proposed in April 2013 and published on July 24, 2013, clarify, correct, or amend provisions on the relation to State law of Regulation X's servicing provisions; implementation dates for adjustable rate mortgage servicing; exclusions from requirements on higher - priced mortgage loans; the small servicer exemption from certain servicing rules; the use of government - sponsored enterprise and Federal agency purchase, guarantee or insurance eligibility for determining qualified mortgage status; and the determination of debt and income for purposes of originating qualified mortgages.
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