Covenant and waivers. Exactly what are they? A Covenant is a vital part of that loan contract; of every mortgage.
Covenant and waivers. Exactly what are they? A Covenant is a vital part of that loan contract; of every mortgage. But this is exactly perhaps one of the most pertinent and hazardous characteristics your borrowers. The Waiver, somehow, will be the Covenant’s inhibitor. Maybe you’ve bought property? A car, perhaps? Recently going a small business? […]