Examples of Underwriting Criteria in a sentence
Underwriting Criteria: Tax-exempt bond financed projects must also meet the underwriting criteria adopted from time to time by the State Bond Commission for multifamily rental housing financed with bonds issued pursuant to an allocation of volume cap authority approved by the State Bond Commission.
Each application that successfully meets the Selection Criteria (if applicable) and Threshold Factors requirements will be underwritten using the Underwriting Criteria outlined in Section 5 of the QAP to determine the amount of credits needed to financially stabilize the development.
Projects may not receive more than two scores of “0” (Zero) on any of the Underwriting Criteria elements.
Certification that the loan is an Eligible Loan, and that the Borrower receiving the Eligible Loan meets the Minimum Underwriting Criteria set forth in this Article.
The company shall document the analysis performed to demonstrate the applicability of the chosen method and resulting choice in tables and reasons why the results using the Underwriting Criteria Scoring Tool may not be suitable.