Faq’s in the new UC mortgage brokers
New type of records needed for the new comment, approval and investment out of another UC mortgage application is also known as the mortgage origination procedure.
Over the past 3 decades away from originating MOP money here at OLP, we have been requested many questions about the mortgage techniques of the individuals including on your own. For your benefit, we have amassed a list of our usually expected inquiries and you will solutions and you will divided him or her for the four groups because given just below.
System qualifications
- I am a beneficial UC employee and want good MOP mortgage. Am I eligible?
Qualified players out-of MOP is actually members of the fresh new Educational Senate (otherwise individuals who keep an equivalent name) and people in new Senior Management Group.
Once you have become nominated to participate in MOP, the next thing should be to contact your campus home loan coordinator to examine the application form recommendations and you may certification conditions. Eligibility to join doesn’t compensate financing approval; attempt to complete a fundamental mortgage loan software very your Office from Loan Apps can process the loan. Continue reading For further pointers, please speak to your university home loan coordinator