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Late payments on loans may cause extra fees as well as collection activities, or even both. Non-payment of a loan can result in collection activities. Every direct lender has specific terms and conditions as well as renewal policy. It's important to check the performed policies for further details as they may differ from lender to lender. The policies and practices of Personal Money Service Company comply with the regulations of Fair Lending laws, the federal Telephone Consumer Protection Act, Personal loans in dubai in Lending Act.
Processing: The preparation of a mortgage loan application and supporting documents for consideration by a lender.
Program: The term "Program" refers to any loan made under a University of Personal loans in dubai Home Loan Program. Purchase Transaction Documents : The aggregate term for independent third party documentation pertaining to the subject property.
This includes property appraisal, termite personal loans in dubai report, preliminary title report, real estate transfer disclosure, roofing, geological, foundation, septic inspections, and overall home inspection. Quit Claim Deed: A deed relinquishing all, or a portion of, the interest, title, or claim in a property by a grantor.
Reconveyance: The transfer of the title of land from one person to the immediate preceding owner. This instrument of transfer is commonly used to transfer the legal title from the trustee to the trustor after a deed of trust has been paid in full.
Refinancing: The process of paying off an existing loan and establishing a new loan. Renovation: The restoration of the primary residence. Generally, this includes repairs, improvements and additions to the permanent structure of the primary residence.