Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing Credit Underwriting services.
Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility of providing stated credit underwriting services.
Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. Such services shall include a comprehensive analysis of the Applicant, the real estate, the economics of the Development, the ability of the Applicant and the Development team to proceed, the evidence of need for affordable housing in order to determine that the Development meets the program requirements and determine a recommended SAIL or HOME loan amount, housing credit allocation amount or a combined SAIL or HOME loan amount, and a housing credit allocation amount, if any.
Examples of Credit Underwriter in a sentence
The market study must be completed by a disinterested party who is approved by the Credit Underwriter.
The Credit Underwriter shall also request and review such other information as it deems appropriate to determine whether or not to provide a positive recommendation in connection with a proposed Development.
Then, the Credit Underwriter will provide a final report, which will address comments made by the Applicant, to the Corporation.
The Applicant shall review and provide written comments to the Corporation and Credit Underwriter within 48 hours of receipt.
The Credit Underwriter shall complete its analysis and submit a written draft report and recommendation to the Corporation.
More Definitions of Credit Underwriter
Credit Underwriter means the legal representative under contract with Florida Housing having the responsibility for providing stated agreed upon credit underwriting services. Such services shall include, for example, a comprehensive analysis of the Applicant, the real estate, the economics, but not be limited to, reviewing the financial feasibility and viability of the Developments, the ability of the Applicant and the Development team to proceed, and the evidence of need for affordable housing in order to determine that the Development meets the Program requirements. The Credit Underwriter shall determine a recommended Bond amount and, at the direction of Florida Housing, recommending to Florida Housing the maximum amount of a Loan that should be made to a Development, whether an initial loan or a refunding, or the expected net operating income of the Development.
Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. (16) “Developer” means any individual, association, corporation, joint venturer, or partnership which possesses the requisite skill, experience, and credit worthiness to successfully produce affordable housing as required in the
Credit Underwriter means the independent third-party entity retained by the Qualified Lending Institution, subject to the prior approval of the Guarantor, to provide a recommendation regarding the credit-worthiness of a proposed financing of Eligible Housing and the Eligible Housing’s ability to achieve satisfactory projected cash flows. Such services should include a comprehensive analysis of the financial condition of the Obligor, the real estate, the economics of the financing, the ability of the Obligor and the development team to proceed and complete the proposed project and the evidence of need for affordable housing. The Credit Underwriter should determine a recommended amount of the obligation.
Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. (8) “CWHIP” or “CWHIP Program” means the Community Workforce Housing Innovation Pilot Program created pursuant to Chapter 2006-69, section 27, Laws of
Credit Underwriter means the legal representative under contract with the Corporation having the responsibility for providing the stated credit underwriting services. Such services shall include, for example, reviewing the financial feasibility and viability of Developments and proposing to the Corporation the amount of a HOME Loan needed, if any.
Credit Underwriter means the legal representative under contract with the Corporation having the responsibility for providing stated credit underwriting services. Such services shall include, but not be limited to reviewing the financial feasibility and viability of Developments, Projects proposing to the Corporation the amount of a HAP Construction Loan amount needed, if any.