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Faqs regarding the brand new UC home loans

This new collection of records necessary for new opinion, acceptance and you can resource from another UC mortgage software program is also referred to as the loan origination process.

Over the past three decades from originating MOP financing at OLP, the audience is questioned of several questions about the mortgage process by individuals eg your self. For your convenience, i’ve accumulated a list of our most often requested concerns and solutions and you will split her or him into five classes just like the given just below.

System qualification

1. I am a great UC personnel and you can will love good MOP financing. Was We eligible?

Qualified players regarding MOP was members of new Educational Senate (or people who keep an identical name) and you will members of the brand new Senior Government Group.

After you’ve already been nominated to participate in MOP, the next step should be to get hold of your university financial planner to review the application form guidance and you can certification requirements. Qualification to become listed on cannot comprise financing approval; make an effort to complete a standard home mortgage app therefore your Workplace out of Financing Software is also techniques your loan.