Common use of Lender Participation Clause in Contracts

Lender Participation. Xxxxxxx who have participated in the Agency’s Home Buyers Program for one year or more are considered eligible to participate in the Police and Firemen’s Retirement System mortgage program. Lenders are required to execute an addendum to their existing Loan Purchase Agreement. This addendum summarizes the special requirements and procedures established for this program

Lender Participation. Xxxxxxx who have participated in the Agency’s Home Buyers Program for one year or more are considered eligible to participate in the Police and Firemen’s Retirement System mortgage program. Lenders are required to execute an addendum to their existing Loan Purchase Agreement. This addendum summarizes the special requirements and procedures established for this program.