Sentences with phrase «underwriting purpose if»

These are used only for underwriting purpose if the policyholder wants to increase the sum insured at the time of policy renewal.

Not exact matches

If you own more than 25 % of a business you are considered self - employed for mortgage underwriting purposes.

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 doUnderwriting 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 dounderwriting decision of the loan you applied for do not change.

If the cap is not applied, security for costs limited to the sums underwritten by the funder may be insufficient to cover the final costs award, frustrating the purpose of the security for costs application.

If a health plan receives protected heath information for the purpose of underwriting, premium rating, or other activities relating to the creation, renewal, or replacement of a contract of health insurance or health benefits, and if such health insurance or health benefits are not placed with the health plan, such health plan may not use or disclose such protected health information for any other purpose, except as may be required by laIf a health plan receives protected heath information for the purpose of underwriting, premium rating, or other activities relating to the creation, renewal, or replacement of a contract of health insurance or health benefits, and if such health insurance or health benefits are not placed with the health plan, such health plan may not use or disclose such protected health information for any other purpose, except as may be required by laif such health insurance or health benefits are not placed with the health plan, such health plan may not use or disclose such protected health information for any other purpose, except as may be required by law.

Health plans may not condition payment, eligibility, or enrollment on the receipt of an authorization for the use or disclosure of psychotherapy notes, even if the health plan intends to use the information for underwriting or payment purposes.

If you are searching for life insurance over 50 and you're diabetic or have raised blood pressure you are still healthy for the purpose of insurance underwriting and for that reason can qualify for better rates.

Loans for these types of residential properties can be financed by a hard money lender under certain circumstances; however, regulatory agencies specify that hard money and private capital lenders can not underwrite or finance loans against a residential property if the majority of the funds will be used for «personal, family, or household purposes» rather than business purposes.

For instance, if a borrower makes $ 75,000 per year and stands to save $ 2,000 a year in energy costs by upgrading their home, their income will be $ 77,000 for underwriting purposes.