Sentences with phrase «time of origination»

Low Ratio Mortgage (Conventional) represents a mortgage where the loan to value at time of origination was less than or equal to 80 %.
COMPARE credit score comparison reports allow you to compare two credit reports — one pulled during time of origination versus another at time of closing — in less than 10 seconds.
Among other things, banks have to make their loan «serviceability assessments» based on the status of the borrower's income and expenditure at the time of origination.
The valuation is typically from the time of origination.
The share of new investor loans with very high LVRs (above 90 per cent) at the time of origination has been declining for a few years and is below that for owner - occupier loans (Reserve Bank of Australia (2017), Financial Stability Review, April).
A finance charge is the total cost of the loan, including all interest and fees incurred at the time of origination (i.e. fees that are financed).
Mortgage insurance premiums (MIPs) on the HECM reverse mortgage will be set to 2 % of the maximum claim amount at the time of origination for all new mortgages, then 0.5 % of the loan balance annually during the life of the loan.
The MIP (mortgage insurance premiums) on HECM accounts will rise to from 0.5 percent to 2 percent of the maximum claim amount at the time of origination.
However, some lenders will give you a lump sum at the time of origination.
This applies even in States where same sex marriage was not legal at the time of origination.
Make sure to include within the calculation any loan fees that may have been built into the loan at the time of origination.
MCLEAN, VA --(Marketwired - Nov 8, 2017)- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass - Through Certificates that are backed by affordable multifamily loans not underwritten by Freddie Mac at the time of origination but that meet the company's current underwriting sta... More
Monoline lenders can only be accessed by mortgage brokers at the time of origination, refinance or renewal.
This week the US Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2011 - 35 confirming that annual mortgage insurance premiums are not charged for Federal Housing Administration (FHA) mortgages with 1) amortization terms of 15 years or less, and 2) a loan - to - value ratio at or below 78 percent at the time of origination.
The loans were not underwritten by Freddie Mac at the time of origination but meet the company's current underwriting standards.
MCLEAN, VA --(Marketwired - Nov 8, 2017)- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass - Through Certificates that are backed by affordable multifamily loans not underwritten by Freddie Mac at the time of origination but that meet the company's current underwriting sta... More
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