Document Deficient Loan definition

Document Deficient Loan means any closed Loan for which the Custodian has not received a complete Mortgage File from the Seller.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Document Deficient Loan means any closed Loan for which the Custodian has not received a complete Mortgage File from the

Examples of Document Deficient Loan in a sentence

• With respect to each Loan, the Custodian shall be in possession of each required Loan Document for such Loan, other than a Document Deficient Loan or Loan Documents that are released pursuant to the terms of the Custodial Agreement.