SECTION 187.7. Application Procedures for Eligible Applicant

An eligible applicant must comply with the following procedures to obtain approval of the application for participation in the program:

(1) the eligible applicant must obtain a loan application from a participating financial institution;

(2) the eligible applicant shall submit to the participating institution a complete and accurate application and any required credit documentation as may be required by the financial institution; and

(3) shall supply all other documentation as may be required by the financial institution that is material to the determination of whether the eligible applicant is qualified under the program.

Source Note: The provisions of this §187.7 adopted to be effective September 15, 1997, 22 TexReg 8967.