Common use of Duration of Assistance Clause in Contracts

Duration of Assistance. The duration of the assistance is determined by the individual need of each eligible borrower. Assistance will be paid directly to the existing servicer and may be distributed in a lump sum or on a monthly basis until the maximum program amount is reached.

Duration of Assistance. The duration of the assistance is determined by the individual need of each eligible borrower. Assistance will be paid directly to the existing servicer servicer, taxing authority or lien holder, and may be distributed in a lump sum or on a monthly basis until the maximum program amount is reached.