Faqs from the the latest UC home loans
New type of documentation needed for the newest review, recognition and resource off a different UC financial software is often referred to as the mortgage origination techniques.
For the past thirty years out-of originating MOP financing here at OLP, we have been expected of several questions about the loan process by the borrowers eg yourself. For your convenience, we have amassed a listing of all of our frequently asked questions and solutions and you will split them on the five groups because down the page.
Program eligibility
- I’m an excellent UC employee and you may want a MOP mortgage. In the morning I qualified?
Qualified participants out-of MOP is people in the brand new Informative Senate (or those who keep a similar label) and people in new Elderly Administration Class.
After you’ve come selected to sign up MOP, the next thing will be to contact your university home loan planner to examine the application guidelines and you can qualification requirements. Qualifications to participate will not comprise mortgage acceptance; just be sure to complete a basic mortgage app thus the Office out-of Mortgage Applications is process your loan. Continue reading “For further advice, please speak to your campus mortgage planner”