HAR §15-317-15. Application for eligible loan

The following procedure is established for applying for loans made under this chapter: ( 1) The corporation shall publish on its website the names of all mortgage lenders and nonprofit organizations selected by the corporation to originate and service the loans made under this chapter; ( 2) Application for a loan shall be made directly to the corporation, mortgage lender, or nonprofit organization; ( 3) Each application shall include the eligible borrower's name, address, requested loan amount (subject to the limits set forth in section 15-317-11), cEedit history, income statement, statement of assets and liabilities, most recent signed federal and state income tax returns, and other information as prescribed by the corporation; and (4) Upon the corporation's review and approval of the documents listed in paragraph (3), the corporation shall coordinate the funding of the loan with the mortgage lender or nonprofit or21)~~ization and the escrow company. [Eff MAY 2 3 ] (Auth: HRS §§201H-4, 201H-161) (Imp: HRS §201H-161) 317-6 §15-317-16