Qualified Lending Institution definition

Qualified Lending Institution means any lending institution designated by the Corporation.
Qualified Lending Institution means any bank, trust company, national bank, savings bank, state or federal savings and loan association, state or federal credit union, insurance company, private or public pension fund, philanthropic institution, Florida local housing finance authority, the Florida Housing Finance Corporation, in its capacity as a lender, or any other entity approved by the Corporation.

Examples of Qualified Lending Institution in a sentence

  • The credit underwriting and loan servicing experience and financial condition of the Qualified Lending Institution.

  • The overall origination history of the Qualified Lending Institution.

  • The origination history of the Qualified Lending Institution under Corporation programs.

  • For 2021 KICs grants, only financial checks were carried out to verify costs incurred in 2021.

  • PLEDGOR By: /s/ Xxxxx Xxxxxxx Xxxxx Name: Xxxxx Xxxxxxx Xxxxx Title: Director NOMURA SECURITIES INTERNATIONAL, INC.


More Definitions of Qualified Lending Institution

Qualified Lending Institution means any lending institution designated by Florida Housing.
Qualified Lending Institution means any bank or trust company, mortgage banker, savings bank, credit union, national banking association, savings and loan association, building and loan association, insurance company, the First Housing Development Corporation of Florida, or other financial institution or governmental Corporation authorized to transact business in the state of Florida which institution customarily provides services in the financing of mortgages for real property in Florida. All Qualified Lending Institutions must be qualified FHA, VA, FNMA or FHLMC originators and servicers as required by the program documents.
Qualified Lending Institution means any lending institution designated by the JHFA.
Qualified Lending Institution means any bank, trust company, national bank, savings bank, state or federal savings and loan association, state or federal credit union, insurance company, private or public pension fund, philanthropic institution or any other entity approved by the Corporation Agency. The term "qualified lending institution" shall also include the Florida Housing Finance Corporation Agency. All qualified lending institutions must submit information, sufficient in detail to demonstrate the capacity to perform the functions and services necessary to adequately comply with the requirements contained in the guarantee documents. Information to be submitted must include a current audited financial statement; description detailing the institution's experience in originating and servicing affordable housing loans; and listing and qualifications of key personnel within the institution's affordable housing operation.
Qualified Lending Institution means any lending institution designated by the Corporation Florida Housing.
Qualified Lending Institution means any bank or trust company, mortgage banker, savings bank, credit union, national banking association, savings and loan association, building and loan association, insurance company, the First Housing Development Corporation of Florida, or other financial institution or governmental Corporation authorized to transact business in the state of Florida which institution customarily provides services in the financing of mortgages for real property in Florida. All Qualified Lending Institutions must be qualified FHA, VA, FNMA or FHLMC originators and servicers as required by the program documents. The Corporation shall have the right to require representatives of the Qualified Lending Institution to attend educational programs related to their participation in the bond programs in order for the Qualified Lending Institution to remain eligible to participate in Corporation programs.