Faq’s from the the brand new UC lenders

The latest distinctive line of records you’ll need for brand new feedback, recognition and you can financial support of an alternate UC financial software program is often referred to as the loan origination process.

Over the past three decades from originating MOP fund at OLP, our company is questioned of numerous questions regarding the borrowed funds processes of the individuals such on your own. For your convenience, we have accumulated a list of our very own usually requested questions and you can solutions and split her or him towards five kinds given that down the page.

System qualifications

1. I’m a great UC staff member and you can would like a great MOP loan. Are We qualified?

Qualified people regarding MOP try people in the newest Informative Senate (otherwise those who hold an equivalent term) and members of this new Senior Administration Group.

Once you have started nominated to sign up MOP, the next step is always to get hold of your campus financial planner to review the application form direction and you will certification requirements. Qualifications to become listed on cannot compensate loan acceptance; attempt to over a standard mortgage loan software thus the Place of work off Mortgage Apps is procedure the loan. Read more about For further suggestions, please get hold of your university mortgage planner …