Loan Application Package Sample Clauses

Loan Application Package. Broker shall provide, or cause to be provided to MBM, an application package (“Mortgage Loan Package”) for each Loan submitted to MBM for underwriting and funding. Each Mortgage Loan Package shall include the following: (a) applicable loan submission form as required by MBM; (b) a completed Uniform Residential Loan Application (Form 1003) signed by Applicant; (c) the initial good faith estimate of the dollar amount or range of each settlement charge Applicant is likely to incur in connection with the Loan and truth in lending disclosure form and other disclosures as required under applicable federal or state law; (d) all supporting documentation, including, but not limited to, credit reports, verifications of employment and deposit, and property appraisals; and (e) such other documents as MBM may from time to time reasonably request. Broker shall be responsible for causing each Loan application and supporting documentation, as may be required by MBM, to be prepared accurately and in accordance with MBMs policies and procedures in effect at the time such application is made. The property appraisal included in each Mortgage Loan Package shall be conducted by an appraiser acceptable to MBM It is understood and agreed that MBM will not collect, hold or be responsible for the disbursement of any Applicant trust funds.
Sample 1
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Loan Application Package. Broker shall provide, or cause to be provided to DFI Funding, an application package (“Mortgage Loan Package”) for each Loan submitted to DFI for underwriting and funding. Each Mortgage Loan Package shall include the following: (a) applicable Loan submission form, as required by DFI; (b) a completed Uniform Residential Loan Application (Form 1003) signed by Applicant and all disclosures as required by applicable federal or state law; (c) the initial good faith estimate of the dollar amount and/or a range for each settlement charge that Applicant is likely to incur in connection with the Loan; (d) all supporting documentation required by the applicable loan program, including, but not limited to, credit reports, verifications of employment and deposit, title work and property appraisals; and (e) such other documents as DFI Funding may from time to time reasonably request. Broker shall be responsible for causing each Loan application and supporting documentation, as may be required by DFI Funding, to be prepared accurately and in accordance with DFI’s policies and procedures in effect at the time such application is made. The property appraisal included in each Mortgage Loan Package shall be conducted by an licensed real estate appraiser acceptable to DFI . It is understood and agreed that DFI will not collect, hold or be responsible for the disbursement of any Applicant trust funds.
Sample 1
Loan Application Package. Buyer shall provide the Pre-Qualifying Lender and the Outside Lender with all documents necessary to obtain Loan approval. Buyer will pay all fees and charges connected with obtaining the Loan directly to the lender involved. However, Buyer shall not be charged any fee by the Pre-Qualifying Lender unless the Pre-Qualifying Lender actually makes a Loan to Buyer.
Sample 1

Related to Loan Application Package

  • Loan Application Buyer agrees, within a reasonable time, to make a good faith loan application with a credible financial institution;

  • Borrower’s Loan Application Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower’s knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Xxxxxxxx’s occupancy of the Property as Xxxxxxxx’s principal residence.

  • Information Packages As soon as available and in any event not later than two (2) Business Days prior to each Settlement Date, an Information Package as of the most recently completed Fiscal Month.

  • Borrowing Base Certificate The Administrative Agent shall have received a completed Borrowing Base Certificate duly executed by a financial officer of the Borrower, setting forth the calculation of the initial Borrowing Base as of the last day of the month preceding the date of the initial Advance under the Revolving Facility or the initial Letter of Credit.

  • Mortgage Loan Schedules The Mortgage Loan Seller agrees to provide to the Purchaser as of the date hereof a preliminary listing of the Mortgage Loans (the “Preliminary Mortgage Loan Schedule”) setting forth the information listed on Exhibit 2 to this Agreement with respect to each of the Mortgage Loans being sold by the Mortgage Loan Seller. If there are changes to the Preliminary Mortgage Loan Schedule, the Mortgage Loan Seller shall provide to the Purchaser as of the Closing Date a final schedule (the “Final Mortgage Loan Schedule”) setting forth the information listed on Exhibit 2 to this Agreement with respect to each of the Mortgage Loans being sold by the Mortgage Loan Seller to the Purchaser. The Final Mortgage Loan Schedule shall be delivered to the Purchaser on the Closing Date, shall be attached to an amendment to this Agreement to be executed on the Closing Date by the parties hereto and shall be in form and substance mutually agreed to by the Mortgage Loan Seller and the Purchaser (the “Amendment”). If there are no changes to the Preliminary Mortgage Loan Schedule, the Preliminary Mortgage Loan Schedule shall be the Final Mortgage Loan Schedule for all purposes hereof.

  • Borrowing Base Certificates The Borrowers shall deliver to the Administrative Agent (and the Administrative Agent shall promptly deliver same to the Lenders) quarterly Borrowing Base Certificates within 20 days of the fiscal quarter then ended prepared as of the close of business on the last Business Day of the previous fiscal quarter (provided that (1) during a Monthly Reporting Period, the Borrowers shall deliver to the Administrative Agent monthly Borrowing Base Certificates by the 20th day of each month prepared as of the close of business on the last Business Day of the previous month or (2) a Liquidity Event shall have occurred and be continuing, the Borrowers shall deliver to the Administrative Agent weekly Borrowing Base Certificates by Wednesday of every week prepared as of the close of business on Friday of the previous week, which weekly Borrowing Base Certificates shall be in standard form unless otherwise reasonably agreed to by the Administrative Agent; it being understood that (i) Inventory amounts shown in the Borrowing Base Certificates delivered on a weekly basis will be based on the Inventory amount (a) set forth in the most recent weekly report, where possible, and (b) for the most recently ended month for which such information is available with regard to locations where it is impracticable to report Inventory more frequently, and (ii) the amount of Eligible Accounts shown in such Borrowing Base Certificate will be based on the amount of the gross Accounts set forth in the most recent weekly report, less the amount of ineligible Accounts reported for the most recently ended month). All calculations of Availability in any Borrowing Base Certificate shall be made by the Borrowers and certified by a Responsible Officer, provided that the Administrative Agent may from time to time review and adjust any such calculation in consultation with the Lead Borrower (a) to reflect its reasonable estimate of declines in value of any Collateral, due to collections received in the Dominion Account or otherwise; (b) to adjust advance rates to reflect changes in dilution, quality, mix and other factors affecting Collateral; and (c) to the extent the calculation is not made in accordance with this Agreement or does not accurately reflect the Availability Reserve. By the 20th day after the end of each fiscal quarter (commencing with the fiscal quarter ending June 30, 2012), the Borrowers shall deliver (i) to the Administrative Agent an Applicable Margin Certificate setting forth a calculation of the Average Availability for the fiscal quarter most recently ended and the corresponding Applicable Margins, and (ii) updates, if any, to Schedule O to the Collateral Questionnaire to reflect all locations of Inventory at the end of the fiscal quarter then ended.

  • CMI/RAI MDS Report Recognizing the mutual objective of quality resident care, the Employer agrees to meet through the Union Management Committee with the Union as soon as practicable after the receipt of the annual CMI/RAI MDS report. The Employer agrees to provide the Union with staffing levels, and staffing mix information; the impact of related payroll costs on staffing levels and a written notice of the CMI/RAI MDS report for the facility. The purpose of this meeting is to discuss the impact of the CMI/RAI MDS report on the staffing levels in the Home, quality resident care, and provide the Union with an opportunity to make representation in that regard. The parties shall meet as necessary to discuss other changes or workload issues. The parties may invite additional participants to attend the meeting to support constructive review and discussion.

  • Collateral Reports Borrower shall deliver or cause to be delivered the following:

  • Mortgage Loan Schedule The information pertaining to each Mortgage Loan which is set forth in the Mortgage Loan Schedule attached as an exhibit to this Agreement is true and correct in all material respects as of the Cut-off Date and contains all information required by the Pooling and Servicing Agreement to be contained therein.

  • Monthly Billing Statements The Engineer shall request reimbursement of costs incurred by submitting the original and one copy of an itemized billing statement in a form acceptable to the State. The Engineer is authorized to submit requests for reimbursement no more frequently than monthly and no later than ninety (90) days after costs are incurred.

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