Debt Service-to-Income Ratio. At the time of origination of the Mortgage Loan, the ratio of the scheduled aggregate annual principal payment on the Mortgage Loan to the annual income of the Mortgagor was not in excess of 50%.
Appears in 5 contracts
Samples: Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Repurchase Agreement (Sirva Inc)
Debt Service-to-Income Ratio. At the time of origination of the Mortgage Loan, the ratio of the scheduled aggregate annual principal payment on the Mortgage Loan to the annual income of the Mortgagor was not in excess of 5055%.
Appears in 3 contracts
Samples: Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP), Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Repurchase Agreement (Sirva Inc)
Debt Service-to-Income Ratio. At the time of origination of the Mortgage Loan, the ratio of the scheduled aggregate annual principal payment on the Mortgage Loan to the annual income of the Mortgagor was not in excess of 50%.
Appears in 1 contract
Samples: Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)
