Common use of Eligibility of Borrowers Clause in Contracts

Eligibility of Borrowers. (1) To be eligible to obtain a loan to a home owner the borrower will be required to represent a family which consists or will consist of not less than a couple, with or without children, or of a parent or guardian with one or more children, of which the average gross weekly income of the main breadwinner (inclusive of overtime and exclusive of child endowment payments) during the six months immediately prior to application for the loan does not exceed β€”

Appears in 5 contracts

Samples: Housing Agreement, Housing Agreement, Housing Agreement

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