Early Payoff definition

Early Payoff means a loan that is paid in full within 180 days following the Purchase Date.
Early Payoff means the Loan is paid in full within one hundred eighty (180) days after the Sale Date or such shorter period of time as may be set forth in the Guides.
Early Payoff. With respect to any Mortgage Loan that becomes an “Early Payoff” as defined hereinabove, Broker shall pay to Lender within five (5) business days following notice of such prepayment, any and all Broker compensation and other amounts received from Lender or from the applicable borrower in such transaction.

Examples of Early Payoff in a sentence

  • MK Lending shall notify Broker in writing of the amount due with respect to any Early Payoff, and Broker agrees to submit payment within fifteen (15) days of receipt of such notice.

  • The first page of the invoice states: You have incurred an Early Payoff with United Wholesale Mortgage.

  • Early Payoff All Buyer/Lender Products: If any Loan sold to Buyer/Lender is paid in full within 120 days of the disbursement date, Seller/Broker shall refund and return the full premium paid to Seller/Broker by Buyer/Lender.

  • Lender shall notify Broker in writing of the amount due with respect to any Early Payoff, and Broker agrees to submit payment within fifteen (15) days of receipt of such notice.

  • In Proceedings of the IEEE Winter Conference on Applications of Computer Vision (WACV).

  • During the term of this Agreement, LSM shall maintain an Early Payoff and Default Policy ("EPO/EPD Policy”) with regard to loan application packages LSM receives from Broker.

  • A Purchaser under a Monthly Purchase option who makes a Lump Sum payment to complete the Total Contract Price before the final Monthly Purchase Amount is due will receive an Early Payoff Discount on the paid remainder balance at the rate set annually by the Board (see Program Fee Chart).

  • The Purchaser may submit Monthly Purchase Amounts early without penalty, but will still be obligated to the Total Contract Price, except as provided for under Early Payoff (see Section 8.

  • Early Pay-off of Debt TIF BondsDuring 2008, the City exercised its option to redeem the outstanding balance owed on the 1999 TIF Bonds-Grantline Road Improvements.

  • The remittance pertaining to an Early Payoff loan will be required whether ArcHome is the purchaser of the new mortgage or the current holder of the Loan that was paid in full.

Related to Early Payoff

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Loan Payments means the amounts required to be paid by the Borrower in repayment of the Loan pursuant to the provisions of the Notes and of Section 4.1 hereof.

  • Balloon Payment With respect to any Balloon Mortgage Loan, as of any date of determination, the Periodic Payment payable on the Maturity Date of such Balloon Mortgage Loan.