Agency Loan means a Loan that is originated by a member of a FHLB as agent for that FHLB under the MPF Program and funded by that FHLB, and which is therefore owned by such FHLB from origination and is never owned by the member.
Agency Loan means a mortgage loan that is originated, underwritten and funded pursuant to guidelines promulgated by Xxxxxx Xxx, Freddie Mac, Xxxxxx Xxx, FHA, VA or USDA (collectively, the “Agencies”), and offered for purchase and sale by Lender to one of those Agencies. A “Non-Agency Loan” shall mean every mortgage loan that is not an Agency loan.
Agency Loan means the loan by the Agency to Owner not to exceed the amount of$1,394,000 to pay for a portion of Project Costs incurred in completion of the rehabilitation obligations under this Agreement.
Examples of Agency Loan in a sentence
Final plans and specifications will be subject to Agency's final approval prior to the disbursal of Agency Loan funds.
This addendum applies where the Agent wishes to enter into an Agency Loan on behalf of more than one Principal.
With respect to each Agency Loan that is a VA Loan, the VA Loan Guaranty Agreement is, or when issued will be, in full force and effect.
If the Lender has indicated in paragraph 8 of the Schedule that it may act as Agent, it must identify each Loan in respect of which it acts as Agent as an Agency Loan at the time it is entered into.
Delinquent Tuition Accounts When the inability to pay monthly installments exists, the principal must be contacted with request for assistance.
More Definitions of Agency Loan
Agency Loan or “Loan” shall mean a forgivable loan not to exceed One Hundred Thousand Dollars ($100,000) to pay for a portion of the costs of the Public Improvements incurred in completion of the Project. The Loan shall be evidenced by the Promissory Note and secured by a Deed of Trust on fee title to the Property.
Agency Loan means the principal amount of Three Million Dollars ($3,000,000), which shall be funded solely from tax increment revenues and not from bond proceeds and shall be subordinate to the Primary Loan. The Agency Loan shall be evidenced by an Agency Promissory
Agency Loan means the residual receipts loan by the Agency to Owner in an amount not to exceed Seven Hundred Eighty-One Thousand and Seventy-Three Dollars ($781,073), which shall be (i) subordinate to the Senior Loan, the Housing Commission Loan, and the Housing Commission Ground Lease, (ii) evidenced by the Agency Note and secured by the Agency Deed of Trust, (iii) derived from the LMIHF and the proceeds of 2007 Series A taxable bonds, and (iv) of a limited recourse nature, as described in the Agency Note.
Agency Loan and “Redevelopment Agency Loan” mean a loan from Agency to Developer in an amount not to exceed Six Hundred Thirteen Thousand Dollars ($613,000), as provided in Section 303, et seq., of the Affordable Housing Agreement and Section 2.4 hereof. The Agency Loan includes the Initial Agency Loan and the Additional Agency Loan as defined and described herein.
Agency Loan means the loan to be made by Agency to Owner in the amount of $50,000.00. The amount of the Agency Loan shall be the difference between the Purchase Price and the Affordable Housing Cost, as further described in the Agency Promissory Note.
Agency Loan has the meaning set forth in Section 6.2.
Agency Loan means that certain loan made by Landlord to Tenant in the original principal amount of Twenty-Nine Million Dollars ($29,000,000).