The term
"originating lender" refers to the financial institution or company that provides the initial loan or financing to a borrower. They are the ones responsible for starting the lending process and approving the loan.
Full definition
Synonyms for individual words can be found below.
«originated»
«lender»
Sentences with «originating lender»
- Indemnification: This proposal extends the indemnification period from two to five years during which the Agency can seek indemnification from originating lenders whose non-compliance with program guidelines and regulations causes the Agency to pay a loss claim. (nar.realtor)
- BND purchases qualifying first mortgage loans from an approved originating lender where the property appraisal may not be eligible for sale to standard secondary market sources. (bnd.nd.gov)
- Preventing originating lenders from transferring the entire loan within the first five years, or require proceeds from loan sales to be escrowed and released only gradually. (palisadeshudson.com)
- (see all
sentences)