Sentences with phrase «unaffiliated lender»

In both cases, it makes no sense to discriminate against the affiliated lender by making them count these charges toward fees and points when an unaffiliated lender would not.

«It's NAR's view that this would be a disadvantage to many real estate affiliated lenders and reduce the choices available to consumers of where they can get a mortgage, and because the unaffiliated lender must still use a title company, the consumer pays the same amount either way.»

If there is a corporate affiliation between a manufactured housing retailer and a creditor, it must be disclosed — real estate agents and homebuilders also have to disclose affiliated business arrangements — but the retailer also has to provide the name of at least one other unaffiliated lender.

The legislation would require a minimum of three unaffiliated lenders on each preferred lender list, disclosure of the criteria used to select lenders for a preferred lender list, and disclosure that borrowers are not required to use lenders recommended by the school.

Not exact matches

This coverage is often offered by your bank or mortgage lender, but can also be purchased through unaffiliated insurers.

Your loan may be made by an unaffiliated third party Lender.

The actual lender is an unaffiliated third party.

Financing is provided by third - party lenders unaffiliated with System Pavers, under terms and conditions arranged directly between the customer and such lender, all subject to credit requirements and satisfactory completion of finance documents.

This coverage is often offered by your bank or mortgage lender, but can also be purchased through unaffiliated insurers.

Lastly, the Bureau received requests from some title company commenters that sought an exemption from the proposed general rule with respect to the treatment of payments that affiliated title companies receive at closing that are disbursed to service providers not affiliated with the lender as payment for services performed by the unaffiliated service providers on behalf of the affiliated title companies.

As discussed above, the application of the zero percent tolerance category of settlement charges to affiliated settlement service providers and lender - required unaffiliated settlement service providers is based on the premise that in both cases, creditors that use affiliates or unaffiliated providers they require are in a superior position of knowledge with respect to the expected costs of the services of those providers and can provide more accurate disclosures than they are with respect to the expected costs of services of unaffiliated and non-required providers.