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1 BUSINESS REAL ESTATE ADJUSTABLE RATE RIDER 2XXXXXXXXXXXXXXXXXXX THIS ADJUSTABLE RATE RIDER is made this day of 3XXXXXXXXXXXXXX, and is incorporated into and shall be deemed to amend and, 4XXX supplement
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Condominium lending policy CUNA refers to the policy guidelines and regulations set forth by the Credit Union National Association (CUNA) regarding lending practices for condominium properties.
Credit unions and financial institutions that engage in lending for condominium properties are required to file the condominium lending policy CUNA.
To fill out the condominium lending policy CUNA, credit unions and financial institutions need to review the guidelines provided by CUNA and ensure that their lending practices adhere to the specified policies and regulations.
The purpose of the condominium lending policy CUNA is to establish a framework and set of guidelines for credit unions and financial institutions to follow when lending for condominium properties. It aims to ensure responsible lending practices and mitigate risk.
The specific information required to be reported on the condominium lending policy CUNA may vary, but typically it includes details about the borrower, the condominium property, loan terms, assessments, insurance, and other relevant financial information.
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