Qualified Lending Institution definition

Qualified Lending Institution means any lending institution designated by the Corporation.

Qualified Lending Institution means any lending institution designated by Florida Housing.

Qualified Lending Institution means any Lending Institution designated by Florida Housing. bank or trust company, mortgage banker, savings bank, credit union, national banking association, savings and loan association, building and loan association, insurance company, the Florida Housing Development Corporation, or other financial institution authorized to transact business in the State of Florida and which customarily provides service or otherwise aids in the financing of mortgages on real property in Florida.

Examples of Qualified Lending Institution in a sentence

• Guarantee Program staff and TIBOR recommend the Board approve the Housing Finance Authority of Charlotte County as a Qualified Lending Institution.

• Johns County (a Qualified Lending Institution) recently submitted an Application for Summerset Village.

• The Corporation shall have the right to require representatives of the Qualified Lending Institution to attend educational programs related to their participation in the bond programs in order for the Qualified Lending Institution to remain eligible to participate in Corporation programs.

• Guarantee Program staff and TIBOR recommend approval of the Housing Finance Authority of Bay County as a Qualified Lending Institution.

• Qualified Lending Institution, meaning any bank, trust company, national bank, savings bank, state or federal credit union, insurance company, private or public pension fund, philanthropic institution, Florida local housing finance authority, the Florida Housing Finance Corporation in its capacity as a lender, or any other entity approved by Florida Housing.

More Definitions of Qualified Lending Institution

Qualified Lending Institution means a commercial bank, a savings and loan association or an insured credit union in this State that meets the eligibility requirements of section 16 of this act.

Qualified Lending Institution means any bank or trust company, mortgage banker, savings bank, credit union, national banking association, savings and loan association, building and loan association, insurance company, the First Housing Development Corporation of Florida, or other financial institution or governmental Corporation authorized to transact business in the state of Florida which institution customarily provides services in the financing of mortgages for real property in Florida. All Qualified Lending Institutions must be qualified FHA, VA, FNMA or FHLMC originators and servicers as required by the program documents.

Qualified Lending Institution means any bank, trust company, national bank, savings bank, state or federal savings and loan association, state or federal credit union, insurance company, private or public pension fund, philanthropic institution, Florida local housing finance authority, the Florida Housing Finance Corporation, in its capacity as a lender, or any other entity approved by the Corporation.

Qualified Lending Institution means any bank, trust company, national bank, savings bank, state or federal savings and loan association, state or federal credit union, insurance company, private or public pension fund, philanthropic institution or any other entity approved by the Corporation Agency. The term "qualified lending institution" shall also include the Florida Housing Finance Corporation Agency. All qualified lending institutions must submit information, sufficient in detail to demonstrate the capacity to perform the functions and services necessary to adequately comply with the requirements contained in the guarantee documents. Information to be submitted must include a current audited financial statement; description detailing the institution's experience in originating and servicing affordable housing loans; and listing and qualifications of key personnel within the institution's affordable housing operation.

Qualified Lending Institution means any lending institution designated by the Corporation Florida Housing.

Qualified Lending Institution means any lending institution designated by the JHFA.

Qualified Lending Institution means any bank or trust company, mortgage banker, savings bank, credit union, national banking association, savings and loan association, building and loan association, insurance company, the First Housing Development Corporation of Florida, or other financial institution or governmental Corporation authorized to transact business in the state of Florida which institution customarily provides services in the financing of mortgages for real property in Florida. All Qualified Lending Institutions must be qualified FHA, VA, FNMA or FHLMC originators and servicers as required by the program documents. The Corporation shall have the right to require representatives of the Qualified Lending Institution to attend educational programs related to their participation in the bond programs in order for the Qualified Lending Institution to remain eligible to participate in Corporation programs.