Originate definition

Originate means any of the following:
Originate means to do any of the following for compensation or gain, or in the expectation of compensation or gain, in connection with a residential mortgage loan:
Originate means to solicit, place, negotiate, offer to make, or broker a mortgage loan;

Examples of Originate in a sentence

  • Movement Transiting a Quarantined Area When Regulated Articles Originate from a Non-Quarantined Area.

  • Originate Mortgage Loans resulting in a delinquency rate determined to represent an acceptable risk to NJHMFA based on loan performance and other factors that may generally affect residential mortgage lending in the State.

  • Originate no fewer than five (5) first-mortgage NJHMFA Homebuyer loans during each full calendar year thereafter.

  • Seller currently holds all approvals, authorizations and other licenses from the Approved Takeout Investors and the Agencies required under the Takeout Guidelines (or otherwise) to Originate, purchase, hold, service and sell Mortgage Loans of the types to be offered for sale to Buyer hereunder.

  • Originate NOTAMs on lighting aids for public-use civil landing areas listed in the A/FD.


More Definitions of Originate

Originate or “Origination” means a Person’s actions in taking applications for, underwriting and closing Mortgage Loans.
Originate means to arrange, negotiate, or make a consumer loan.
Originate means to make an underwriting decision on a loan and close a loan.
Originate includes direct primary origination as well as purchase in connection with the distribution by syndication of a Collateral Obligation, participation in a “club” deal or similar arrangement. The term “Originated” has a correlative meaning.
Originate means to submit an application or documentation to a mortgage lender or underwriter in an attempt to obtain a residential mortgage loan.
Originate means the transmission of a file to a Clearing System for the purposes of effecting an EFT.
Originate means to submit an application or documentation