Faqs on the the fresh UC lenders
New type of papers necessary for the remark, approval and money regarding a unique UC mortgage software program is often referred to as the mortgage origination process.
Over the past 3 decades out-of originating MOP money only at OLP, our company is requested of a lot questions regarding the loan techniques by borrowers including yourself. For your convenience, i’ve gathered a list of our usually requested concerns and you will solutions and you may separated him or her to your four groups as the the following.
Program qualification
- I’m a good UC personnel and you may will love good MOP loan. Am We qualified?
Qualified participants out of MOP try people in brand new Educational Senate (otherwise people that hold an equivalent term) and you may people in the fresh Older Management Class.
After you have been selected to sign up https://speedycashloan.net/loans/fixed-rate-loans/ MOP, the next thing will be to contact your university home loan coordinator to review the applying direction and you may degree standards. (more…)