Qualification Requirements

Qualification Requirements

Standards imposed by lenders as conditions for granting loans, including maximum ratios of housing expense and total expense to income, maximum loan amounts, maximum loan- to-value ratios,and so on.

Qualification requirements are less comprehensive than underwriting requirements, which take account of the borrower's credit record.

References in periodicals archive ?
To confirm compliance with the qualification requirements, participants provide the documents specified in clause 3.
This is how other professions, such as accounting, deal with minimum qualification requirements.
As per the unified professional qualification requirements for healthcare physicians in the UAE, physicians and dentists will fall under three categories- consultants, specialists and general practitioners, said a statement by DHA.
Dr Layla Al Marzouqi, Acting Director of Health Regulation Department at the DHA, said: "This is in line with the unified Professional Qualification Requirements (PQR) applicable for all health-care professionals in the UAE.
Dr Layla Al Marzouqi, acting Director of Health Regulation Department at the DHA said: "In line with the unified professional qualification requirements (PQR) applicable for all healthcare professionals in the UAE, the authority has provided a grace period to dentists and physicians until January 2017 to meet the necessary qualification standards.
In two separate resolutions, Visayan congressmen noted reports of conflict of interest and questionable financial capacity on the qualification requirements of the highest financial bidder into the controversial bidding of the project.
Starting in 2014, Premier qualification requirements will include a minimum annual spending level.
The objective of the project is multi-faceted to clearly define qualification requirements for all key personnel in the financial services industry and to strengthen the level of competence, training, and continuing professional development across Qatar.
What special qualification requirements apply to employee stock ownership plans ("ESOPs")?
Our coordination identifies common qualification requirements and cost sharing to qualify new, improved, environmentally acceptable technologies for joint-Service weapon and space system applications.
State and federal LBICs vary in amount and qualification requirements.
The No Child Left Behind Act (NCLBA) of 2001 established qualification requirements that teachers of core academic subjects must meet by the end of the 2005-2006 school year.

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