Examples of Investor Loans in a sentence
Non-Owner-Occupied Investor Loans – Borrowers financing non-owner-occupied investment properties should qualify for loans based on their ability to service the debt over the life of the loan.
Non Owner-Occupied Investor Loans – Borrowers financing non owner-occupied investment properties should be qualified on their ability to service the debt over the life of the loan.
Evidence that the Existing Investor Loans and the Tweek Tranche Payment have been repaid/paid in full and that any guarantee or security created in respect of the Tweek Tranche Payment has been fully released.
They should also recognize that risk-layering features in loans to subprime borrowers may significantly increase risks for both the institution and the borrower.Non-Owner-Occupied Investor Loans – Borrowers financing non-owner-occupied investment properties should qualify for loans based on their ability to service the debt over the life of the loan.
For lenders with retail or origination business units, this section should be combined with Consumer Contact/Origination.E. Operational Management: Covers personnel, training, systems, monitoring and reporting for Covered Transactions.F. Servicing: Covers monthly payment statements and accounting controls.G. Secondary Market: Covers exposure risk in secondary market transactions.H. Non-Owner Occupied Investor Loans: Covers non-owner occupied investment properties.
Investor Loans: For investors who apply and are approved, a Canadian chartered bank will provide a loan to finance up to 100% of the subscription price for Units.
All Initial Investor Loans offered on the Secondary Market will be offered to Investors at an interest rate determined by us, which will generally be the contracted Loan rate less a margin which is retained by Southern Cross Partners.
As an inducement to Investor to loan the funds on behalf of Full House, to develop the Development Project and for other valuable consideration, Full House personally guarantees the repayment of half of the Investor Loans.
One member appointed by Full House, one member appointed by Investor, and the third member will be appointed by the Investor so long as the Initial Loan or any Investor Loans remain unpaid; thereafter, the third member will be appointed jointly by the Members.
After payment of (i) current and past-due debt service on liabilities of the Company other than Investor Loans, and (ii) all operating expenses of the Company, the Company shall pay the current and past-due debt service on any outstanding Investor Loans before distributing any amount to any Investor pursuant to Article Four.