Loan Application Process Sample Clauses
Loan Application Process. Broker will interview each loan applicant in order to complete all necessary application forms and related documents, and to acquaint the Borrower with the contents of such documents and Borrower’s rights and responsibilities hereunder. Broker will obtain from each Borrower, and deliver to Lender, a completed loan package (“Loan”) consisting of the completed loan, credit, and other applications. No person or entity, other than Broker, its agents, and its employees are involved in the taking or processing of each Loan.
Loan Application Process. We expect that many homeowners will learn about the Michigan Saves Home Energy Loan Program from contractors authorized by Michigan Saves. In some cases, customers will seek these contractors. Authorized contractors and lenders may promote the Michigan Saves Home Energy Loan through marketing material (see Promotion and Marketing section below). Regardless of the flow of contact between a customer and authorized contractors and lenders, the loan application process remains the same. (See Michigan Saves Process Flowchart for a flow chart depicting how customers enter the program, work with contractors, and obtain financing.)
Loan Application Process