Underwriting Standards definition

Underwriting Standards. The published underwriting standards of the Company, or, if the related Mortgage Loan was underwritten pursuant to underwriting standards other than the published underwriting standards of the Company, then such other underwriting standards.
Underwriting Standards. The underwriting standards of the Company, Washington Mutual Bank, FA or Washington Mutual Bank, a Washington state chartered savings bank, as applicable.

Examples of Underwriting Standards in a sentence

  • As of the date of origination, no portion of the Mortgaged Property was used for commercial purposes, and, since the date of origination no portion of the Mortgaged Property has been used for commercial purposes, except as permitted under the Underwriting Standards.

  • The Mortgage Loan complies with the terms, conditions and requirements of the Underwriting Standards in all material respects.

  • The Mortgage Loan complies with all the terms, conditions and requirements of the Company’s Underwriting Standards in effect at the time of origination of such Mortgage Loan.

  • The structure of the development budget, including acquisition price; architect, general contracting, and developer fees; sales tax and energy rebates; as well as construction contingency, must also meet the Underwriting Standards.

  • Refer to the Minnesota Housing Multifamily Underwriting Standards and Multifamily Application Instructions: Consolidated RFP and HTC Rounds 1 and 2 for additional information and requirements.


More Definitions of Underwriting Standards

Underwriting Standards means the underwriting standards for basic property insurance and homeowners' insurance which have been filed with the superintendent.
Underwriting Standards. As to each Mortgage Loan, the Seller’s underwriting guidelines in effect as of the related Closing Date.
Underwriting Standards means the underwriting policies of the Seller set forth in Exhibit C hereto.
Underwriting Standards means NMI’s underwriting guidelines in effect as of the date of this Agreement as the same may be amended from time to time.
Underwriting Standards. The underwriting standards of Cendant Mortgage Corporation, Chase Manhattan Mortgage Corporation, Crestar Mortgage Corporation, CTX Mortgage Company, Xxxxxxxx Mortgage, Flagstar Bank, FSB, Headlands Mortgage Company, Indy Mac, Inc., LaSalle Home Mortgage Corporation, IMPAC Funding Corporation, National City Mortgage Co., Old Kent Mortgage Company, PNC Mortgage Corp. of America, Prism Mortgage Company, Provident Funding Associates, L.P., Temple-Inland Mortgage Corporation, Washington Mutual Bank and Western Financial Bank, FSB.
Underwriting Standards are policies established and distributed by BCBST specifying which individuals are eligible to apply for coverage.
Underwriting Standards means the standards established by BofI from time to time for entry into Account Documentation and the advance of funds by BofI to Accountholders, as they may be determined and modified from time to time in accordance with Section 28.