Loan Product definition

Loan Product means a specific type of loan offered by a Lending Operation that is licensed by the Commission.
Loan Product means one of the various types of consumer mortgage and home equity loan products offered to customers by Lender from time to time.

Examples of Loan Product in a sentence

  • A seller may follow this type of documentation procedure for mortgage loans that are evaluated by Loan Product AdvisorSM (“LPA”) and receive a Streamlined Accept Documentation designation.

  • All compensation paid to Broker pursuant to this Agreement will be based on a pre-determined , fixed percentage of the amount of credit extended, subject to MK Lending, Corp.'s right to establish a minimum or maximum amount of compensation in connection with any particular Loan or Loan Product.

  • Terms and conditions of the closed Mortgage Loan and underwriting information in the Mortgage Loan File must match the data on which the Loan Product Advisor “Accept” risk class is based.If Loan Product Advisor returns any response other than “Accept”, then the Mortgage Loan must be underwritten with DU or manually underwritten to the guidelines of the Investor to be eligible for delivery.

  • Any Mortgage Loan File delivered as a Loan Product Advisor underwritten Mortgage Loan must include:• Loan Product Advisor Feedback Certificate; and• Credit documentation as required by Loan Product Advisor, including all credit reports and all credit scores generated.Additional submission requirements may apply.

  • La Trobe Financial and any distributor of the Loan Product must cease distribution of the Loan Product immediately on receipt of the Notice.


More Definitions of Loan Product

Loan Product means a secured or unsecured sterling denominated commercial loan between RBS and a Target Customer excluding overdrafts, invoice financing and asset financing arrangements;
Loan Product means any loan product or service of the Lenders that we display on our Sites following the submission of a Loan Enquiry by you.
Loan Product means the sets and / or combinations of different Specific Conditions, Amounts, Terms and Conditions established by the Site and in these General Terms for each Loan Product that are Loans Borrowers established by CREDISSIMO. CREDISIMO may periodically change the terms of a Loan Product, include or remove as part of the same Specific Conditions. It is possible for a given Loan Product to have alternative and / or cumulative different Specific Conditions. The Borrower shall not be entitled to claim and receive a Loan under Specific Conditions other than those established by CREDISSIMO for the Loan Products concerned;
Loan Product means any loan which EAIF provides or participates in, whether directly or indirectly and in accordance with the Loan Policy or any other form of funding, including Mezzanine /Quasi Equity transactions, provided by EAIF to a third party in accordance with the terms of the Loan Policy.
Loan Product means any Products loaned to the Customer for demonstration, temporary exchange, testing or any other purposes.
Loan Product has the meaning set forth in Section 2.1.
Loan Product means any solar or home improvement loan product.