+106. When assessing the borrower’s ability to meet obligations under the loan agreement …

106. When assessing the borrower’s ability to meet obligations under the loan agreement …

When assessing the borrower’s ability to meet obligations under the loan agreement, institutions and creditors should account for committed and other non-discretionary expenditures, such as the borrower’s current obligations, including appropriate substantiation and consideration of living expenses.

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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