Common use of Application Packages Clause in Contracts

Application Packages. For each Application submitted by Broker to Lender, Broker shall submit a completed package which meets all of Lender’s requirements for the receipt of Applications from approved brokers as provided in the lender guidelines. Each Application Package must include an original Application, completed in detail and signed and dated. In addition, Broker shall (i) provide Lender, in connection with each Application submitted to Lender for consideration, all documents enumerated in the Lender Guidelines, and (ii) assist Lender, as requested by Lender, in obtaining any additional information required to complete or update any Application Package. Actions, taken by Broker pursuant to the immediately preceding sentence shall be performed by Broker as part of its services to Lender under this Agreement, at no additional cost to Lender.

Application Packages. For each Application submitted by Broker to Lender, Broker shall submit a completed package which meets all of Lender’s requirements for the receipt of Applications from approved brokers as provided in the lender guidelines. Each Application Package must include an original Application, completed in detail and signed and dated. In addition, Broker shall (i) provide Lender, in connection with each Application submitted to Lender for consideration, all documents enumerated in the Lender Guidelines, and (ii) assist Lender▇▇▇▇▇▇, as requested by Lender▇▇▇▇▇▇, in obtaining any additional information required to complete or update any Application Package. Actions, taken by Broker pursuant to the immediately preceding sentence shall be performed by Broker ▇▇▇▇▇▇ as part of its services to Lender under this Agreement, at no additional cost to Lender.