Table‑funded transaction definition
Table‑funded transaction means a settlement at which a mortgage loan is funded by an advance of loan funds to a lender who closes the loan in his name followed by an assignment of the loan from the person identified as the lender in the loan documents to the person advancing the initial loan funds.
Table‑funded transaction means a settlement at which a
Table‑funded transaction means a loan transaction
More Definitions of Table‑funded transaction
Table‑funded transaction means a closing of a mortgage loan in which a mortgage broker is named
Table‑funded transaction means a closing of a mortgage loan in which a mortgage broker is named as the lender on the mortgage loan note and then sells the note within 3 business days of closing to another party.