Loan Application Package Preparation Sample Clauses

The Loan Application Package Preparation clause outlines the responsibilities and procedures for assembling all necessary documents and information required to submit a formal loan application. Typically, this clause specifies which party is responsible for gathering financial statements, property details, and any supporting materials needed by the lender, and may set deadlines for completion. Its core function is to ensure that the loan application process proceeds efficiently and that all required materials are provided in a timely manner, reducing delays and misunderstandings between the parties involved.
Loan Application Package Preparation. Prepare completed loan application packages and send them to borrowers via overnight courier, electronically, or other means. The loan application package shall include all data provided by borrowers, itemization of information outstanding, including, without limitation, Form 1003, GFE, disclosures, Truth-in-Lending statements and other disclosures required by law to be furnished by creditors, and instructions.
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Related to Loan Application Package Preparation

  • Loan Application Buyer agrees, within a reasonable time, to make a good faith loan application with a credible financial institution;

  • DOCUMENT PREPARATION The Transfer/Deed shall, save for the Land Transfer Tax Affidavit, be prepared in registrable form at the expense of Seller, and any Charge/Mortgage to be given back by the Buyer to Seller at the expense of the Buyer. If requested by Buyer, Seller covenants that the Transfer/Deed to be delivered on completion shall contain the statements contemplated by Section 50(22) of the Planning Act, R.S.O.1990.

  • Site Preparation Axon will provide a hardcopy or digital copy of current user documentation for the Axon Devices ("User Documentation"). User Documentation will include all required environmental specifications for the professional services and Axon Devices to operate per the Axon Device User Documentation. Before installation of Axon Devices (whether performed by Customer or Axon), Customer must prepare the location(s) where Axon Devices are to be installed ("Installation Site") per the environmental specifications in the Axon Device User Documentation. Following installation, Customer must maintain the Installation Site per the environmental specifications. If Axon modifies Axon Device User Documentation for any Axon Devices under this Agreement, Axon will provide the update to Customer when Axon generally releases it

  • Proposal Preparation The contractor shall assume all costs associated with preparation of proposals for task order awards under the proposal process as an indirect charge (B&P costs). The Government will not reimburse awardees for proposals as a direct charge.

  • Surface Preparation Clean the surface to be treated of all dust, dirt, clay, grass, sod and any other deleterious matter before application of the asphalt surface treatment.