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Principal address 7755 Montgomery Road, Suite 400, Cincinnati, OH 45236. Same day funds available only to customer who apply at an Allied branch location. Online Loans: AlliedCash.
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Community Property: Property acquired by husband and wife, or either, during marriage, when not acquired as the separate property of either. Co-Borrower: Any individual who will assume responsibility on the loan, take a title interest in the property and intends to occupy the property as their primary residence.
Co-Signer: Any individual who will assume responsibility on the loan, but who will not take a title interest in the property nor occupy the property. Curtailment: An additional payment made to reduce the principal balance of a loan. Current MOP Rate: MOP rate currently in effect for Program loans. The locked-in MOP rate will be the Program rate in effect at the time of loan commitment. This rate is calculated by using the four-quarter average of the Universitys Lowest personal loan interest rate banks 2015 Investment Pool (STIP), rounded to the nearest five hundredths of a percent and adding an administrative fee component of 0.
Also known as the Standard Rate. Date of Recordation: The date on which a deed of trust is officially entered on the books of the county recorder in the county in which the property is located. Deed of Trust : A security instrument, used in place of a mortgage, conveying title in trust to a third party covering a particular piece of property.