Common use of Higher Cost Products Clause in Contracts

Higher Cost Products. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such Affiliate for underwriting consideration;

Higher Cost Products. No Mortgagor borrower was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor borrower did not qualify taking into account credit history and debt to debt-to-income ratios for a lower lower-cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor borrower may have qualified for a lower for a lower-cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagorborrower’s application to such Affiliate affiliate for underwriting consideration;.

Higher Cost Products. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such Affiliate affiliate for underwriting consideration;.

Higher Cost Products. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowersMortgagors, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such Affiliate for underwriting consideration;

Higher Cost Products. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such Affiliate for underwriting consideration;

Higher Cost Products. No Mortgagor borrower was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor borrower did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor borrower may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagorborrower’s application to such Affiliate affiliate for underwriting consideration;.

Higher Cost Products. No Mortgagor borrower was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor borrower did not qualify taking into account credit history and debt to debt-to-income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor borrower may have qualified for a lower for a lower-cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagorborrower’s application to such Affiliate affiliate for underwriting consideration;.

Higher Cost Products. No Mortgagor borrower was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor borrower did not qualify taking into account credit history and debt to debt-to-income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor borrower may have qualified for a lower for a lower-cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagorborrower’s application to such Affiliate affiliate for underwriting consideration;. ggg.

Higher Cost Products. No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any Affiliate affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a lower cost credit product then offered by any mortgage lending Affiliate affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such Affiliate affiliate for underwriting consideration;