Common use of Identification and Qualification of Potential Borrowers Clause in Contracts

Identification and Qualification of Potential Borrowers. (a) During the term of this Agreement, Plaza and Broker agree that Broker may identify and qualify potential borrowers for conventional, residential mortgage loans that Plaza may, upon approval by Plaza, underwrite, close and sell into the secondary mortgage market. Broker and Plaza each acknowledge and agree that this Agreement is entered into on a non-exclusive basis and that both Broker and Plaza may enter into similar agreements with other individuals or entities.

Appears in 5 contracts

Samples: Broker Agreement, Broker Agreement, Broker Agreement

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