For further recommendations, please contact your campus financial planner
Faq’s in the this new UC lenders
The fresh distinctive line of files you’ll need for the new review, recognition and you can funding from another UC financial software program is also referred to as the loan origination techniques.
Over the past 3 decades away from originating MOP financing at OLP, we’re expected of many questions regarding the mortgage techniques of the individuals such as on your own. For your benefit, i’ve built-up a summary of all of our usually expected concerns and you can answers and separated him or her for the four categories due to the fact given just below.
System eligibility
- I’m an effective UC employee and you will would love a beneficial MOP mortgage. Are I eligible?
Qualified people out of MOP try people in the fresh new Informative Senate (otherwise individuals who keep a similar identity) and you will members of the latest Senior Government Group.
Once you’ve started selected to participate in MOP, the next thing will be to speak to your university mortgage coordinator to examine the application form advice and you may qualification conditions. Eligibility to become listed on does not form mortgage approval; you will need to over a fundamental home mortgage app very that Work environment regarding Financing Apps can techniques the loan. Read more