Early Payoff. If a Loan funded by UHMC is repaid in full within one-hundred fifty (150) days of funding TPO shall reimburse UHMC the higher of 100 BP or the amount of any compensation or service release premium paid to TPO by UHMC in connection with the Loan. TPO shall reimburse UHMC within ten (10) days after notice of early payoff.
Early Payoff. A Purchaser under a Monthly Purchase option who makes a Lump Sum payment to complete the Total Contract Price before the final Monthly Purchase Amount is due will receive an Early Payoff Discount (currently 6.25%) on the unpaid remaining balance at the rate set annually by the Board (see Program Fee Chart). In order for the Early Payoff Discount to be applied by the Program, the Contract may not be delinquent or converted to a different Plan Option (see Section
Early Payoff. The Borrower reserves the right to pay off any remaining amount due, in full, before the Due Date, with no prepayment penalty. If the entire amount is paid off by [Insert date by which the amount needs to be paid off to get a discount for early payment], the Borrower will receive a discount as follows: [Insert description of the discount the Borrower will receive for repaying the loan before the due date].7.
Early Payoff. With respect to any Loan that prepays in full on or prior to the borrower making 6 (six) scheduled monthly mortgage payments following the related Closing Date, Lender may, in its sole discretion, subject to Applicable Requirements, require Broker to reimburse Lender all compensation received by Broker for such Loan. With respect to any Loan that prepays in full on or prior to the borrower making 6 (six) scheduled monthly mortgage payments that has a pre-payment penalty associated with it, the Lender, at its sole discretion, may apply the amount of the prepayment penalty paid by the borrower to the early payoff fee and require the Broker to pay any short-fall. Payment by Broker to Lender shall be accomplished by wire transfer with fifteen business days following receipt from Lender of written demand from Lender pursuant hereto. Any refund will comply with the loan originator compensation rules under the Truth in Lending Act, 12 C.F.R. § 1026.36(d) & (e), as may be amended from time totime.
Early Payoff. Except with respect to a home equity line of credit, if any Package submitted by Broker and funded by ARC HOME is paid in full on or prior to ARC HOME’s receipt of the sixth (6th) monthly payment following the funding date (an “Early Payoff”), whether due to refinancing, prepayment or any other reason, then Broker shall, in ARC HOME’s sole discretion with due consideration to Broker’s long term performance with ARC HOME, within thirty (30) days after receiving an invoice from ARC HOME, reimburse ARC HOME, (i) an amount that equals compensation paid by ARC HOME to the Broker at the time of the Loan funding, or (ii) if ARC HOME did not pay Broker compensation for such Loan and if such Early Payoff is due to Xxxxxx’s submission of the Loan to another lender for refinancing, prepayment, or any other reason, then, in such case, Broker shall reimburse ARC HOME the lender credit provided by ARC HOME for such Loan. Such obligation to ARC HOME shall survive any sale or assignment of the related Package by ARC HOME to any third-party and shall be independently enforceable by the ARC HOME. For the avoidance of doubt, if any Package submitted by Xxxxxx and funded by ARC HOME is paid in full on the same calendar day as the day in which ARC HOME receives the sixth (6th) monthly payment, an Early Payoff shall be deemed to have occurred. With respect to a home equity line of credit, if any Package submitted by Broker and funded by ARC HOME is
Early Payoff. Mortgage Broker shall not be entitled to compensation on a closed Loan until any early payoff period or early payment default period on the Loan expires. In the event that FCM advances compensation to Mortgage Broker prior to the expiration of any early payoff or early payment default period, FCM may demand that Mortgage Broker reimburse FCM for the amount paid by FCM to Mortgage Broker for any Loan submitted by Mortgage Broker that results in an early payoff or early payment default. Within thirty (30) days of receipt of FCM’s notice, Mortgage Broker shall pay to FCM the amount set forth in FCM’s notice of Mortgage Broker. An early payoff period is defined as a period of 180 days from funding. An early payment default is defined as borrower[s]’ s failure to make any of the first four (4) monthly payments subsequent to the loan purchase date, as described in the loan documents at the time of closing.
Early Payoff. Teachers may request an early payoff on a first-come first- serve basis in relation to a positive General Fund cash flow. The request must be in writing to the Business Office on or before May 1. In the event of an early payoff, all summer deductions will be taken from the final payoff check issued on the first pay in June.
Early Payoff. You may pay the Loan back early, but to do so you must pay the entire outstanding Loan Amount and the outstanding Total Loan Fee at the time of pre-payment. If you are approved for another PayPal Business Loan or LoanBuilder A PayPal Service loan before this Loan is paid in full, and the new loan is applied to satisfy the balance on this Loan, then you may be eligible for a waiver of the outstanding Total Loan Fee at that time on this Loan. There is no pre-payment fee. Returned Item Fee $20
Early Payoff. If any Package submitted by Broker and funded by ARC HOME is paid in full on or prior to ARC HOME’s receipt of the sixth (6th) monthly payment following the funding date (an “Early Payoff”), whether due to refinancing, prepayment or any other reason, then Broker shall, in ARC HOME’s sole discretion with due consideration to Broker’s long term performance with ARC HOME, within thirty (30) days after receiving an invoice from ARC HOME, reimburse ARC HOME, (i) an amount that equals the premium (including any lender credit provided by ARC HOME) and/or compensation paid by ARC HOME to the Broker at the time of the Loan funding, , and (ii) all losses (including any legal fees related to enforcing this Section 6) incurred by or expected to be incurred by ARC HOME associated with the related Package as itemized in invoice provided by ARC HOME to the Broker. Such obligation to ARC HOME shall survive any sale or assignment of the related Package by ARC HOME to any third-party and shall be independently enforceable by the ARC HOME. For the avoidance of doubt, if any Package submitted by Xxxxxx and funded by ARC HOME is paid in full on the same calendar day as the day in which ARC HOME receives the sixth (6th) monthly payment, an Early Payoff shall be deemed to have occurred.
Early Payoff. Broker will refund fees paid by MFG on any Loan transaction if the Loan payoff occurs within two hundred and ten (210) days of the date of funding. Including but not limited to: • Lender Paid Compensation • Lender Paid Mortgage Insurance • Credit to Borrower for Interest Rate Chosen
