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Residential Lending Advance Request for Funds The Request for Funds should be faxed to 515-699-1270. Submit the Request at least 24 hours prior to the need for funds. The Bank may require more time
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What is residential lending advance?
Residential lending advance is the amount of money advanced to a borrower for the purpose of purchasing a residential property.
Who is required to file residential lending advance?
Lenders and financial institutions are required to file residential lending advance.
How to fill out residential lending advance?
To fill out residential lending advance, lenders need to provide detailed information about the loan amount, property details, borrower information, and any other relevant details.
What is the purpose of residential lending advance?
The purpose of residential lending advance is to facilitate the purchase of residential properties by providing financial assistance to borrowers.
What information must be reported on residential lending advance?
Information such as loan amount, property details, borrower information, and any other relevant details must be reported on residential lending advance.
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