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express loan

Defined in 1 dictionary — U.S. Code

United States Code

15 U.S.C. § 636 — under this chapter

The term “express loan” means any loan made pursuant to this paragraph in which a lender utilizes to the maximum extent practicable its own loan analyses, procedures, and documentation.

15 U.S.C. § 636 — under this chapter

the term “express loan” means a loan in which a lender uses to the maximum extent practicable the loan analyses, procedures, and documentation of the lender to provide expedited processing of the loan application.

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