Preferred lender definition

Preferred lender means a bank that is subject to continuing supervision and examination by state or

Preferred lender means a bank that is subject to continuing supervision and examination by state or federal chartering, licensing, or similar regulatory authority satisfactory to the Authority and that meets the eligibility requirements established by the Authority.

Preferred lender. – means any Potential Lender that has undergone and successfully concluded the process under the Evaluation Criteria;

Examples of Preferred lender in a sentence

• Section 371 of the New York city charter, as amended by local law number 78 for the year 1990, is amended to read as follows:§ 371.

• An interest rate will not be ap- plied to the credit balance and the term of the extension of credit is one year or less, even if the credit is pay- able in more than four installments.(Authority:20 U.S.C. 1019) Subpart B—Loan Information To Be Disclosed by Covered Institu- tions and Institution-Affiliated Organizations§ 601.10 Preferred lender arrangement disclosures.

• Every brochure, web page or other document that sets forth a Preferred Lender List or identifies any lender as being on said Preferred lender List shall state in the same font and same manner as the predominant text on the document that students and their parents have the right and ability to select the education loan provider of their choice, are not required to use any of the lenders on said Preferred Lender List, and will suffer no penalty for choosing a lender that is not on said Preferred Lender List.

• Preferred lender disclosuresDue date: Annually updatedMethod of transmittal: Website, electronic media, publications, or mailingsA preferred lender list and associated information must be made available to the public and provided to students attending or planning to attend the institution.

• Preferred lender arrangement The term "preferred lender arrangement" has the meaning given the term in section 1019 of this title.

• First, verify that you are affiliated with UB within CITI by checking that you have a listing for “SUNY- Buffalo (University at Buffalo)” on the CITI main menu page.

• Preferred lender lists for FFEL program loans must contain at least 3 unaffiliated lenders; and preferred lender lists for private education loans must contain at least 2 unaffiliated lenders.

• Authority: 20 U.S.C. 1019.Subpart B—Loan Information To Be Disclosed by Covered Institutions and Institution-Affiliated Organizations§ 601.10 Preferred lender arrangement disclosures.

• Subpart B—Loan Information To Be Dis- closed by Covered Institutions and In- stitution-Affiliated Organizations601.10 Preferred lender arrangement disclo- sures.601.11 Private education loan disclosures and self-certification form.601.12 Use of institution and lender name.Subpart C—Responsibilities of Covered In- stitutions and Institution-Affiliated Or- ganizations601.20 Annual report.601.21 Code of conduct.Subpart D—Loan Information To Be Dis- closed by Institutions Participating in the William D.

• The full list of postsecondary educational expenses is contained in section 472 of the Higher Education Act of 1965 (20 U.S.C. 1087ll).46(b)(4) Preferred lender arrangement.1. General.

More Definitions of Preferred lender

Preferred lender has the meaning given to that phrase in subsection 17.11 (Adjustment payment).

Preferred lender is a qualified institutional mortgage lender ("Lender") designated by Seller. Xxxxx is not obligated to use the Preferred Lender to obtain a mortgage loan to purchase the Property and Buyer may make application to the Preferred Lender or any Lender of Buyer's choice.

Preferred lender. – means any Potential Lender that has

Preferred lender is a Lender designated by Seller. Xxxxx agrees to apply within five (5) calendar days from the Effective Date of this Agreement for a loan at the then prevailing interest rate and terms. In the event Xxxxx chooses to obtain financing through a Lender other than Lennar Mortgage, LLC or such other Preferred Lender, Xxxxx agrees to promptly provide Seller, upon Seller's request, with the name, address and phone number of such Lender, the loan officer and the loan processor. Buyer shall furnish promptly and accurately to Lender all information and documents requested by Xxxxxx in connection with such application. If Buyer properly makes and pursues the loan application as provided herein but is unable to provide Seller with a copy of a written loan Approval reasonably satisfactory to Seller within the Mortgage Contingency Period, or if Buyer is at any time disapproved for such loan (and Xxxxx does not cancel or withdraw his/her loan application), then Seller, at its sole discretion, may cancel this Agreement by written notice to Buyer, at Buyer's last known address, in which event Seller shall refund any paid Deposit made by Xxxxx. If Buyer properly makes and pursues the loan application as provided herein but is unable to obtain mortgage loan financing, despite Xxxxx's good faith efforts to do so, and Buyer is not otherwise in default under this Agreement, and further provided that Buyer provides Seller with documentation from Lender that the loan has been declined, Buyer may cancel this Agreement by giving written notice to Seller within the Mortgage Contingency Period, in which event Seller shall refund any paid Deposit. If this Agreement provides for a VA guaranteed or FHA-insured loan, Xxxxx's obligation to complete the purchase contemplated under this Agreement is subject to the VA/FHA Addendum attached hereto and incorporated herein. The following shall apply only if this Agreement is subject to the Mortgage Contingency, as indicated above:

Preferred lender means any lending institution that a school