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Loan package

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LOAN PACKAGE
A loan application; the collection of documents, information and data used by a bank for consideration in making a loan.

 


[Harvey] acquisition, development and construction loan A loan package to finance acquiring, developing and constructing real estate. [OTS] acre A tract of land containing 43,560 square feet, or 0.0016 square miles of land.

Copies of any and all documents in loan package records.
Certificates of deposit (purchased or redeemed):
Copies of the certificates
Records pertaining to interest earned, withdrawn or reinvested
Forms 1099 or back-up withholding statements.

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Under the GNMA-II program, pools formed through the aggregation of individual
issuers' loan packages.
New-issues market
The market in which a new issue of securities is first sold to investors.

PRIMARY UNDERWRITER An underwriter at the lending institution who takes the most comprehensive look at the entire loan package because he or she is responsible for the decision whether to make a loan to a prospective borrower.

A compromised credit score does not work to your advantage because you won't qualify for low interest loans and lucrative loan packages in the future.

Multiple-issuer pools
Under the GNMA-II program, pools formed through the aggregation of individual issuers' loan packages.
Multinational corporation
A firm that operates in more than one country.

Those people with bad credit who need a loan are in a special situation where deals are hard to come by. This four-step approach will help you locate the best loan package available.
Bad Credit Personal Loan Options
by Joycelyn Crawford ...

Farmer Mac, a stock corporation owned by agricultural lenders, operates in much the same fashion as the Government National Mortgage Association (Ginnie Mae), by certifying private loan packagers who assemble pools of loans for resale and ...

Documentation
Definition: Physical evidence, e.g. a written contract, that sets forth the responsibilities, rights, and duties of each party to a transaction. Documentation can also refer to a business plan or loan package.

See also: Expense, Tariff, Tariffs, Tax deduction, Equity investment

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