Common use of Program Exclusions Clause in Contracts

Program Exclusions. The borrower cannot be in active bankruptcy. The borrower’s first-lien mortgage cannot be a home equity line of credit, third party contract, or other private party loan. The borrower cannot own other residential real property. Employees of contractor Further.

Program Exclusions. The borrower cannot be in active bankruptcy. The borrower’s first-lien mortgage cannot be a home equity line of credit, third party land sale contract, or other private party loanotherwise privately financed mortgage. The borrower cannot own other residential real property. Employees of contractor FurtherThe subject property cannot be a condominium or townhome, unless certain qualifying conditions are met as defined in the program guidelines.

Program Exclusions. The borrower cannot be in active bankruptcy. The borrower’s first-lien mortgage cannot be a home equity line of credit, third party land sale contract, or other private party loanotherwise privately financed mortgage. The borrower cannot own other residential real property. Employees of contractor Further.

Program Exclusions. The borrower cannot be in active bankruptcy. The borrower’s first-first lien mortgage cannot be a home equity line of credit, third party land sale contract, or other private party loanotherwise privately financed mortgage. The borrower cannot own other residential real property. Employees of contractor FurtherThe subject property cannot be a condominium or townhome.

Program Exclusions. The borrower cannot be in active bankruptcy. The borrower’s first-first lien mortgage cannot be a home equity line of credit, third party land sale contract, or other private party loanotherwise privately financed mortgage. The borrower subject property cannot be a condominium or townhome. The homeowner cannot own other residential real property. Employees of contractor Further.