The loan approval represents yet another significant step for Alcoa towards the completion of the ambitious project.
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Typically, banks, credit unions, mortgage brokers, and credit card companies are required to make such verification as part of the loan approval process.
Enter the age of the double and triple checked, redundantly verified, every nook and cranny financial detail examined era of mortgage loan approval.
Thus, barring any unforeseen catastrophic circumstances that cannot be anticipated at loan approval, a consumer can be relied upon to repay their mortgage back on time.
If for any reason the loan approval process is delayed and your interest rate lock-in period needs to be extended, it can be, although there is a cost involved.
The quality of the loan approval is wholly dependent on the integrity of the information provided by the borrowers, filtered by the loan officer and used to construct the original electronic loan approval.
He thought the bank had approved his loan modification and would send him a final loan modification approval letter.
Up to 110% of this value can be used for loan-approval purposes.
When the document arrived, he happily brought it to me to confirm the contents, only to have me explain that it was a statement demanding full mortgage payment and not a loan modification approval letter.
Any increase in Greece's loan deal would need approval in Germany's Parliament, where many lawmakers feel they have lent unreliable politicians in Athens more than enough money already.
Underwriters are trained and anointed with the authority to give final approval to your loan.
An underwriter has not approved and issued your mortgage pre-approval, your loan officer did.
Value is hurting ratios, and this in turn is disqualifying borrowers from approval based on loan to value (LTV).
MacKrell, president and chief executive of NYBDC, said the corporation has now recommended approval of the loan and expects the proceeds to be disbursed soon.
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Lenders or investors holding those second liens typically suffer the biggest losses when primary mortgages are modified, so winning their approval to modify loan terms has been difficult.
Unlike instant approval credit cards, secured credit cards require additional scrutiny by loan officers and can take up to four weeks for approval.
If the building owner agrees to the upgrades, the contractor sends a loan request to participating banks for approval.
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The loan is subject to credit and underwriting approval.
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Meanwhile, the deal for striker Joel Thomas to rejoin Hamilton Accies on loan until May from Colchester United has been concluded following Fifa approval.
Loan requests would not be made through back room conversations needing only the approval of a few.
The IMF hopes that this pre-approval feature, and the lack of conditions attached to the loan, will remove stigma that is usually associated with approaches to the fund.
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Some examples are advertising and pre-approval, and some lenders have the option to approve or deny the loan application based on their own discretion.
The loan officer has to anticipate what will be required to support the information used for approval, secure it, update it, and submit it confidently for underwriter review.
The loan to quarry owners Welsh Slate helped speed up the acquisition of the site, after planning approval was granted in December.
When loan officers present loans as clean and bright and shiny as possible, there is a higher probability of approval.
All of the private student loans are certified by schools as part of the approval process to prevent over-borrowing and are disbursed through schools to ensure proper use of loan funds.
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The Commission's approval opens the way for Spain's government to draw 37bn euros from a 100bn-euro loan facility made available by the eurozone's bailout fund specifically for the purpose of cleaning up the country's banks.
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