Common use of Eligible Properties Clause in Contracts

Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related ▇▇▇▇▇▇ ▇▇▇ requirements. Both existing structures and new construction are eligible, but coops are ineligible.

Appears in 2 contracts

Sources: Master Agreement (Crescent Banking Co), Master Agreement (Crescent Banking Co)

Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related ▇▇▇▇▇▇ ▇▇▇ requirements. Both existing structures and new construction are eligible, but coops cooperatives are ineligible.

Appears in 2 contracts

Sources: Master Agreement (Crescent Banking Co), Master Agreement (Crescent Banking Co)

Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related ▇▇▇▇▇▇ ▇▇▇ Mae requirements. Both existing structures and new construction are eligible, but coops are ineligible.

Appears in 1 contract

Sources: Master Agreement (Crescent Banking Co)

Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) and cooperatives that conform with any related ▇▇▇▇▇▇ Mae requirements. With respect to units in cooperatives, Lender must have received specific authority to deliver mortgages on cooperatives to ▇▇▇▇▇▇ requirements▇▇▇. Both existing structures and new construction are eligible, but coops are ineligible.

Appears in 1 contract

Sources: Master Agreement (Crescent Banking Co)