North Dakota Request for Extension of Loan Closing Date

State:
Multi-State
Control #:
US-01510BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample of a request for an extension of time in order to consummate a purchase of real property which will be security for a loan. In effect the loan applicants are asking for an extension of the date of closing set forth in their loan commitment or application.

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How to fill out Request For Extension Of Loan Closing Date?

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FAQ

In the fiscal year of 2019, the state of North Dakota had state debt totaling 3.04 billion U.S. dollars. However, the local government debt was slightly higher at 5.38 billion U.S. dollars.

"Money brokering" means the act of arranging or providing loans or leases as a form of financing, or advertising or soliciting either in print, by letter, in person, or otherwise, the right to find lenders or provide loans or leases for persons or businesses desirous of obtaining funds for any purposes.

: an intermediary who arranges short-term loans usually in large amounts for borrowers and who in the U.S. also arranges the sale of excess bank reserve balances to banks short of reserves.

The act, among other things, provides that a ?person may not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person is licensed under this chapter.? The provision does not apply to a ?person that is an authorized delegate of a person ...

The North Dakota Department of Financial Institutions is responsible for chartering, regulating, and examining North Dakota state-chartered banks, credit unions, and trust companies.

The act, among other things, provides that a ?person may not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person is licensed under this chapter.? The provision does not apply to a ?person that is an authorized delegate of a person ...

13-05-01-04. Whenever a money broker arranges a loan for a borrower, the following loan disclosure statements must be prepared by the money broker for the borrower and set forth in a plain language and meaningful order: 1.

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North Dakota Request for Extension of Loan Closing Date