Examples of Loan Application in a sentence
Loan Application: This Agreement is contingent on Buyer obtaining a (type of loan).
If Buyer is to pay all or part of the Purchase Price by obtaining one or more new loans (New 171 Loan), or if an existing loan is not to be released at Closing, Buyer, if required by such lender, must make an application verifiable 172 by such lender, on or before New Loan Application Deadline and exercise reasonable efforts to obtain such loan or approval.
The representations, warranties, covenants and agreements made by Correspondent in the Correspondent Agreement and this Amendment shall survive the purchase of mortgage loans by Xxxxxxxxx and shall inure to the benefit of Purchaser and its successors and assigns, notwithstanding any restrictive or qualified endorsement on any Note or Assignment of Mortgage or Purchaser’s examination of or failure to examine any Loan Application Package(s).