Examples of Lender fee in a sentence
To eliminate redundancy, SBA proposes to strike the second sentence of this provision, which authorizes SBA to charge a PLP Lender fee to cover the costs of the PLP performance review.Subpart I—Lender Oversight.
For its services, Servicer shall earn a monthly servicing fee, which is set forth on Fee Schedule, plus additional Lender fee per month which is set forth on Fee Schedule, billed equally to Lenders or to Client as agreed per loan for each and every loan in the Servicer’s system that was submitted as delinquent.
At the time of funding of the Loan and at all times thereafter until full and final payment of the Loan has been made to Lender, fee simple title to the Property is owned by Borrower free and clear of all liens, claims, encumbrances, covenants, conditions and restrictions, security interests and claims of others, except for the Permitted Exceptions.
Lender fee also does not include any amount that is set aside to pay taxes or insurance on any property securing the residential mortgage loan.Minn.
Lender fee income is recognized when earned and is amortized to income over the contractual terms of the mortgages.