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Appraised Well worth: Brand new dollar well worth allotted to a single-relatives residence because of the a keen appraiser authorized by the Workplace off Financing Software

Appraised Well worth: Brand new dollar well worth allotted to a single-relatives residence because of the a keen appraiser authorized by the Workplace off Financing Software

Loan terminology glossary

The brand new terms and conditions and you may significance you to definitely follow are supposed to promote simple, everyday meaning to possess phrases and words your iliar for your requirements. The meaning of a term or phrase depends upon in which and just how it’s utilized, because relevant documents, also closed arrangements, customer disclosures, internal Program coverage manuals and you will business usage, have a tendency to handle definition during the a specific installment loans Austin Mississippi perspective. Brand new words and you will definitions one pursue haven’t any binding effect to possess reason for people agreements and other deals around. Their Campus Construction Apps Member or the Workplace out-of Mortgage Apps personnel could well be happy to address any specific issues you may also have.

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