Loan Sale Agreement Template

Loan Sale Agreement Template

GMFS LLC and Correspondent have agreed to enter into an agreement in which Correspondent recruits potential borrowers for residential mortgages and may subscribe to GMFS LLC and, upon approval of the final loan application and associated full loan package, agrees, in its sole discretion, to purchase such loans with the intention of selling such loans to investors or on the secondary market. The purpose of this Agreement is to define the duties, responsibilities and considerations of each Part of this Agreement. Correspondent includes all subsidiaries, affiliates, correspondents, branches and all related parties. This Share and Loan Purchase Agreement (the “Agreement”) is concluded as of 29 July 2018 by and between OC Oerlikon Corporation AG, Pfäffikon (the Seller) and Dana International Luxembourg S.à r.l. (the Buyer) (each a party and together the parties). If the borrower dies before repaying the loan, the authorities will use their assets to repay the rest of the debt. If there is a co-signer, he is responsible for the debt. Loan agreements usually contain information about: Using a loan agreement protects you as a lender, as it legally enforces the borrower`s promise to repay the loan in the form of regular payments or lump sums. A borrower may also find a loan agreement useful as it sets out the loan details for their records and helps track payments. If the loan is of a large amount, it is important that you update your will to indicate how you intend to process the outstanding loan after your death. CONSIDERING that the Lender lends certain funds to the Borrower (the “Loan”) and that the Borrower repays the Loan to the Lender, both parties agree to keep, execute and fulfill the promises and conditions set out in this Agreement: a loan agreement is more complete than a promissory note and contains clauses on the entire agreement, additional costs and the modification procedure (i.e. how the terms and conditions of the agreement). Use a loan agreement for large-scale loans or loans that come from multiple lenders.

Use a promissory note for loans that come from non-traditional lenders such as individuals or businesses instead of banks or credit unions. Use LawDepot`s loan agreement template for business transactions, tuition, real estate purchases, down payments, or personal loans between friends and family. A loan agreement is a document between a borrower and a lender that describes a loan repayment plan. Interest is a way for the lender to charge money for the loan and offset the risk associated with the transaction. . This first amendment to the Loan Purchase Agreement (this “Agreement”) is effective november 26, 2018 by and between REALTY MOGUL COMMERCIAL CAPITAL CO., a California company (“RMCC Seller”), REALTY MOGUL, CO., a Delaware corporation (“RM Seller”), while RMCC Sellers and RM Sellers are hereinafter referred to individually and collectively as “Sellers”. and MogulREIT I, LLC, a Delaware limited liability company (“Buyer”); This MASTER CREDIT AGREEMENT (the “Agreement”) will be entered into on __ Day ___ This loan purchase agreement (“Agreement”) dated April 15, 2019 (the “Effective Date”) between GACP Finance Co., LLC., a Delaware limited liability company (the “Seller”), Foris Ventures, LLC, a Delaware limited liability company (the “Buyer”) and the Borrower (as defined below), is for the sole purposes of sections 3.03 and 4.03 of THIS PRIVATE STUDENT LOAN PURCHASE AGREEMENT (this “Student Loan Agreement”). from 19. November 2019 by and between NATIONAL EDUCATION LOAN NETWORK, INC., a corporation duly organized under the laws of the State of Nebraska (the “Buyer”), UNION BANK AND TRUST COMPANY, a state-owned banking company, and a trust company duly organized under the laws of the State of Nebraska. not on an individual basis, but only as the Buyer`s lender-trustee (in this capacity the “Buyer`s Trustees”), UNION BANK AND TRUST COMPANY, a state-owned banking company duly organized under the laws of the State of Nebraska, on an individual basis (as such, the “Seller”). GRAN TIERRA LUXEMBOURG HOLDINGS S.À R.L., a limited liability company incorporated under the laws of the Grand Duchy of Luxembourg This dated agreement (the “Agreement”) is entered into by and between Plaza Home Mortgage, Inc., a Californian company, (“Plaza”) and (“Seller”) for a reciprocal consideration set forth herein. Plaza and the Seller are hereinafter collectively referred to as the “Parties”.

This LOAN PURCHASE AGREEMENT (this “Agreement”) is effective effective on [___ ____, 20__ by and between Groundfloor Finance Inc., a Georgia corporation (“Seller”), located at 75 5th St., Suite 2170, Atlanta, GA 30308, and HARVEST RESIDENTIAL LOAN ACQUISITION, LLC, a Delaware limited liability company (“Buyer”), located at 777 Third Avenue, Suite 19B, New York, NY 10017. April 2020 (the “Effective Date”) by and between (a) CURO Receivables Holdings II, LLC, a Delaware limited liability company (the “Buyer”) and (b) Advance Group, Inc., a Nevada company, Avio Credit, Inc., a Delaware Corporation, Cash Colorado, LLC, a Nevada limited liability company, Concord Finance, Inc., a Nevada corporation, FMMR Investments, Inc., a Nevada corporation, Galt Ventures, LLC, a Kansas limited liability company, Principal Investments, Inc., a Nevada corporation, SCIL, Inc., a Nevada corporation, and Speedy Cash Illinois, Inc., a Nevada corporation (collectively, the “Sellers”). Either party to this Agreement may be referred to herein as the “Party” or collectively by the “Parties”. The capitalized terms used herein without definition are as defined in the credit agreement dated the date of this press release (the “Loan Agreement”), by and between CURO Receivables Finance II, LLC, other account debtors (such as. THIS SECURITIES PURCHASE AND LOAN AGREEMENT (this “Agreement”) dated April 29, 2019 is signed by and between Teekay Corporation, a company of the Republic of the Marshall Islands (“Teekay Corp”), Teekay Finance Limited, a Bermuda company (“Teekay Finance”), Teekay Holdings Limited, a Bermuda company (“Teekay Holdings”) and Teekay Shipping Limited, a Bermuda company (“Teekay Shipping”) and with Teekay Corp., Teekay Finance and Teekay Holdings, the “Sellers”) and Brookfield TK TOLP L.P., a Bermuda limited partnership (“Brookfield TOLP”) and Brookfield TK TOGP L.P., a Bermuda limited partnership (“Brookfield TOGP” and with Brookfield TOLP the “Buyers”). If the lender dies before receiving full repayment, the borrower owes the lender`s estate. In this case, the beneficiaries of the lender`s estate will recover the rest of the debt. You can choose to start calculating interest or increase the interest rate if the borrower fails to make a payment on time. Increasing interest rates offers you additional compensation for the borrower`s non-payment as promised and the hassle of having to enforce the loan agreement. .

THIS GENERAL LOAN AGREEMENT dated _____ __, 20___ (the “Effective Date”), by and between LendingClub Corporation, a Delaware corporation, as a seller (“Seller”) and ____.