Credit Underwriter definition

Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing Credit Underwriting services.

Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility of providing stated credit underwriting services.

Credit Underwriter means the independent contractor under contract with Florida Housing having the responsibility for providing credit underwriting services. Such services shall include, for example, a comprehensive analysis of the Applicant, the real estate, the economics of the Development, the ability of the Applicant and the Development team to proceed, and the evidence of need for affordable housing in order to determine that the Development meets the Program requirements. The Credit Underwriter shall determine a recommended Bond amount that should be made to a Development, whether an initial loan or a refunding.

Examples of Credit Underwriter in a sentence

• A reserve, including an operating deficit reserve, if necessary as determined by an equity provider, first mortgage lender, and/or the Credit Underwriter engaged by the Corporation in its reasonable discretion, will be required and sized in credit underwriting.

• Notwithstanding an award by the Board pursuant to this RFA, funding will be subject to a positive recommendation from the Credit Underwriter based on criteria outlined in the credit underwriting provisions in Rule Chapter 67-48, F.A.C. The Corporation shall provide notice of its decision, or intended decision, for this RFA on theCorporation’s Website the day of the applicable Board vote.

• The Corporation shall select the Credit Underwriter for each Development.

• The Corporation and, if applicable, the Credit Underwriter shall collect via check or money order from the Applicant the following fees and charges in conjunction with this RFA.

• Notwithstanding an award by the Board pursuant to this RFA, funding will be subject to a positive recommendation from the Credit Underwriter based on criteria outlined in the credit underwriting provisions in Rule Chapter 67-48, F.A.C.

More Definitions of Credit Underwriter

Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. Such services shall include a comprehensive analysis of the Applicant, the real estate, the economics of the Development, the ability of the Applicant and the Development team to proceed, the evidence of need for affordable housing in order to determine that the Development meets the program requirements and determine a recommended SAIL or HOME loan amount, housing credit allocation amount or a combined SAIL or HOME loan amount and a housing credit allocation amount, if any.

Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. (16) “Developer” means any individual, association, corporation, joint venturer, or partnership which possesses the requisite skill, experience, and credit worthiness to successfully produce affordable housing as required in the

Credit Underwriter means the independent contractor under contract with the Corporation having the

Credit Underwriter means the independent contractor under contract with the Corporation having the responsibility for providing stated credit underwriting services. (8) “CWHIP” or “CWHIP Program” means the Community Workforce Housing Innovation Pilot Program created pursuant to Chapter 2006-69, section 27, Laws of

Credit Underwriter means the independent third-party entity retained by the Qualified Lending Institution, subject to the prior approval of the Guarantor, to provide a recommendation regarding the credit-worthiness of a proposed financing of Eligible Housing and the Eligible Housing’s ability to achieve satisfactory projected cash flows. Such services should include a comprehensive analysis of the financial condition of the Obligor, the real estate, the economics of the financing, the ability of the Obligor and the development team to proceed and complete the proposed project and the evidence of need for affordable housing. The Credit Underwriter should determine a recommended amount of the obligation.

Credit Underwriter means the legal representative under contract with the Corporation having the responsibility for providing the stated credit underwriting services. Such services shall include, for example, reviewing the financial feasibility and viability of Developments and proposing to the Corporation the amount of a HOME Loan needed, if any.

Credit Underwriter means the independent contractor under contract with the