Faq’s regarding the latest UC lenders
The type of documentation necessary for brand new feedback, approval and you may financial support away from a new UC home loan application is also known as the mortgage origination procedure.
Over the past three decades away from originating MOP loans at OLP, the audience is expected of many questions about the mortgage procedure from the consumers such as for instance oneself. For your convenience, i’ve accumulated a list of all of our frequently expected inquiries and you may responses and separated her or him for the four categories because listed below.
Program qualifications
- I’m a great UC personnel and will love an excellent MOP financing. Are I qualified?
Eligible players from MOP was people in the Academic Senate (otherwise those who hold a comparable identity) and members of the latest Elderly Management Group.
After you have come selected to participate MOP, the next step is to try to speak to your campus financial planner to review the application assistance and you may degree conditions. Qualification to participate cannot comprise loan acceptance; make an effort to over a standard home loan app very the Office away from Loan Software is also processes your loan.
Read moreFor further guidance, excite speak to your university financial planner
