Loan Package definition

Loan Package. As defined in the Recitals of this Agreement.

Loan Package. The Loans listed on a Loan Schedule, delivered to the Custodian and the Purchaser at least five (5) Business Days prior to the related Closing Date and attached to the related Assignment and Conveyance on the related Closing Date.

Loan Package has the meaning set forth in Section 4.1(s).

Examples of Loan Package in a sentence

• Either party may terminate this Agreement at any time with or without cause, which termination shall be effective immediately upon the other party's receipt of written notice thereof At UHMC's sole discretion, it may complete underwriting of any Mortgage Loan Package submitted by TPO prior to the date of termination and shall approve or reject funding of such Loans in accordance with the terms of this Agreement.

• Loan Package - The file of all items necessary for the lender to decide to give or not to give a loan.

• TPO understands and acknowledges that UHMC may report information about any Mortgage Loan Package that UHMC believes to contain misrepresentations or violates applicable law to the appropriate governmental body or regulatory agency, Xxxxxx Mae, Xxxxxxx Mac, HUD or any mortgage industry background database, including, but not limited to, databases operated by Mortgage Asset Research Institute, Inc., such as the Mortgage Industry Date Exchange ("MIDEX") or any cooperative industry database.

• Termination of this Agreement shall not relieve either Party of any liability to the other Party for any damages or other amounts due hereunder, provided that Broker shall not be entitled to the compensation provided for in Section 7 with respect to a Loan Package unless all conditions set forth in Section 7 regarding payment of the compensation are satisfied.

• Each Loan Package shall contain the material specified in the Guidelines, and as otherwise required by this Agreement.

More Definitions of Loan Package

Loan Package means a set of Loan documents that (a) are dated or have been completed or provided no more than thirty days from the date of Lender’s receipt; (b) include an Application, Credit Report, deposit and employment verifications, appraisal, Loan Estimate, Preliminary Title Report, and other Loan documents, if any, required under Applicable Requirements or requested by Lender from time to time in addition to or in lieu of the foregoing; and (c) comply with Applicable Requirements. Broker shall deliver all those documents required under clause (b) unless the Lender Procedures provide otherwise.

Loan Package means the Credit Agreement, the Second Renewal Note, the Pledge Agreement and those of the Related Agreements which are to be sold and assigned to Purchaser from time to time hereunder.

Loan Package means the Credit Agreement, the Third Renewal Note, the

Loan Package. The file of documents, which may be physical, electronic or both, and which includes all of the documents pertaining to a proposed Loan.

Loan Package is registered into the TPO Platform, HBUSA will enable final file submission.

Loan Package means the documentation necessary for REMN to determine a borrower’s eligibility for a mortgage loan, including but not limited to the loan application, credit data, appraisals, verifications of income, liabilities, net worth, real estate information and such additional items as REMN may from time to time require prior to making a decision on whether to purchase a loan, all in compliance with REMN’s then current lending policy.

Loan Package means copies of the Loan Documents with respect to each Loan and loan back-up, including evidence of satisfaction of the applicable Loan Underwriting Criteria, and in the case of each Loan with a Commitment amount that is greater than $1,000,000, the Borrower’s loan application, annual budgets, cash flow projections, fiscal year end financial statements, income statements, appraisal reports, proposed security interests, CHS’ credit report and/or any other documentation requested by ProPartners or otherwise required to permit ProPartners to make an independent credit decision regarding the credit approval of such Loan, all in a form satisfactory to ProPartners.