Originate definition

Originate means any of the following:
Originate means to do any of the following for compensation or gain, or in the expectation of compensation or gain, in connection with a residential mortgage loan:
Originate means to solicit, place, negotiate, offer to make, or broker a mortgage loan;

Examples of Originate in a sentence

  • Originate and service mortgage loans, mortgages, and land contracts, on behalf of financial institutions, corporations, and state or federal agencies or instrumentalities.

  • Movement Transiting a Quarantined Area When Regulated Articles Originate from a Non-Quarantined Area.

  • Originate no fewer than five (5) first-mortgage NJHMFA Homebuyer loans during each full calendar year thereafter.

  • Originate Mortgage Loans resulting in a delinquency rate determined to represent an acceptable risk to NJHMFA based on loan performance and other factors that may generally affect residential mortgage lending in the State.

  • Originate from mineral oil unless first treated to remove the oil and grease.


More Definitions of Originate

Originate means to arrange, negotiate, or make a consumer loan.
Originate or “Origination” means a Person’s actions in taking an application for, underwriting or closing a Mortgage Loan.
Originate means to make an underwriting decision on a loan and close a loan.
Originate means to submit an application or documentation to a mortgage lender or underwriter in an attempt to obtain a residential mortgage loan.
Originate means to submit an application or documentation
Originate means the transmission of a file to a Clearing System for the purposes of effecting an EFT.
Originate includes direct primary origination as well as purchase in connection with the distribution by syndication of a Collateral Obligation, participation in a “club” deal or similar arrangement. The term “Originated” has a correlative meaning.