Loan Applicant definition

Loan Applicant means a person who makes an application to a microlender for the purposes of obtaining a loan;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Loan Applicant means a prospective Borrower who has completed a Loan Application for a Loan.

Loan Applicant means any public body which applies for a Fund loan pursuant to the provisions of these rules and regulations.

Examples of Loan Applicant in a sentence

• Such report shall include for each Complaint, the name and address of the complaining Borrower or Loan Applicant, a brief summary of the Borrower’s or Loan Applicant’s Complaint, if such Complaint is received from a Regulatory Authority or State Attorney General, if such Complaint was received via the Better Business Bureau, and (i) if resolved, a brief summary of how the Complaint was resolved (ii) if not resolved, an anticipated timeframe for resolution.

• Platform Agent shall be responsible for preparing and transmitting to each Loan Applicant all documents and all notices required by Bank to originate the Loan, including the Loan Account Agreement.

• On behalf of Bank, Platform Agent shall provide notices in accordance with Applicable Law, including any adverse action notices, to the Loan Applicant if the related Loan Application is rejected by Bank.

• Platform Agent may furnish, in accordance with FCRA, as well as Platform Agent’s own policies and practices, information (e.g., favorable and unfavorable) on its Loan Applicant credit files to TransUnion, Experian or Equifax.

More Definitions of Loan Applicant

Loan Applicant means a small business that applies to the board for a loan pursuant to this chapter.

Loan Applicant means a prospective Borrower that has completed a Loan Application for a Loan.

Loan Applicant means each prospective Borrower (including each prospective co-Borrower if applicable) that has completed a Loan Application for a Loan.

Loan Applicant means a prospective Borrower that initiates a Bank Rate Request and/or a Loan Application under the Program. For the avoidance of doubt, a “Loan Applicant” does not include a consumer that requests a loan offer via (i) a PBU Partner, or (ii) the Referral Services unless and until such consumer elects to proceed with a loan offer from Bank.

Loan Applicant means the person(s) who is the legal property owner(s).

Loan Applicant the individual who, at the time of applying for the loan, is over the age of 18 and has full capacity to act, resides permanently in Spain and is applying for the Loan for him/herself. Under no circumstances shall the Lender discriminate against any applicant for reasons of race, nationality, sex or age.

Loan Applicant or “Applicant" means any municipality, county, or any other eligible entity that applies for CWSRF or DWSRF funding.