Down Payment. The borrower has contributed at least 5% of the Purchase Price with his/her own funds.
Appears in 17 contracts
Samples: Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-6), Purchase and Sale Agreement (Sequoia Mortgage Trust 2013-4), Flow Mortgage Loan Sale and Servicing Agreement (Sequoia Mortgage Trust 2013-3)
Down Payment. The borrower has contributed at least 5% of the Purchase Price with his/her own funds.;
Appears in 5 contracts
Samples: Servicing Agreement (Sequoia Mortgage Trust 2013-1), Servicing Agreement (Sequoia Mortgage Trust 2012-3), Servicing Agreement (Sequoia Mortgage Trust 2012-2)
Down Payment. The Except as otherwise indicated on the Mortgage Loan Schedule, the borrower has contributed at least 5% of the Purchase Price with his/her own funds.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Sequoia Mortgage Trust 2011-2)