FHA Insured definition

FHA Insured means insured under FHA Insurance.
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FHA Insured means, with respect to a Mortgage Loan, the Mortgage Loan has been insured by the FHA or a written commitment to insure the Mortgage Loan has been given by the FHA.
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FHA Insured means Mortgage Loans with FHA mortgage insurance issued under one of the following FHA Insurance programs pursuant to the National Housing Act: (1) Section 203(b), Home Unsubsidized (including 223(e) declining area loans); (2) Section 234(c), Condominiums; (3) Section 203(b)(2), Veteran’s Status; (4) Section 203(k) Streamline Rehabilitation Home Mortgage Insurance; or (5) such other FHA insurance programs as shall be acceptable to the Corporation and the Servicer.
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Examples of FHA Insured in a sentence

  • The Mortgage Lender is (i) if originating FHA Insured Mortgage Loans, an FHA-approved mortgagee in good standing, (ii) if originating VA Guaranteed Mortgage Loans, an eligible lender in good standing for VA-Guaranteed Mortgage Loans, or (iii) if originating USDA Rural Development Guaranteed Mortgage Loans, an eligible lender in good standing for USDA Rural Development Guaranteed Mortgage Loans.

  • The loan shall be 69 secured by (Check all that apply): ☐ 70 Fixed Rate Mortgage 71 ☐ Adjustable Rate Mortgage 72 ☐ Rural Development 73 ☐ VA Guaranteed Mortgage FHA Insured Mortgage ☐ ☐ Owner Financing ☐ Bond Financing ☐ Conventional Mortgage 74 ☐ Other 75 76 The BUYER agrees to pay discount points not to exceed 77 ( _) % of the loan amount.

  • All Mortgage Loans shall be FHA Insured, HUD Guaranteed, VA Guaranteed or RD Guaranteed, as applicable or insured by the PMI Insurer, if applicable.

  • The loan shall be 69 secured by (Check all that apply): 70 ☐ Fixed Rate Mortgage ☐ FHA Insured Mortgage 71 ☐ Adjustable Rate Mortgage ☐ Owner Financing 72 ☐ Rural Development ☐ Bond Financing 73 ☐ VA Guaranteed Mortgage ☐ Conventional Mortgage 74 ☐ Other 75 76 The BUYER agrees to pay discount points not to exceed 77 ( _) % of the loan amount.

  • With respect to (2), each FHA Insured Mortgage, VA or RHS Guaranteed Mortgage, shall have attached a non-assumption and/or acceleration provision in the form described in the Program Documents.

  • The Servicer shall, upon receipt of such originals and certified copies, if applicable, file copies of same with the related Mortgage File and shall forward original documents to the Custodian under the ▇▇▇▇▇▇ Mae Custodial Agreement for FHA Insured, HUD Guaranteed, or VA Guaranteed Mortgage Loans and to the Custodian under the ▇▇▇▇▇▇ ▇▇▇ or ▇▇▇▇▇▇▇ Mac Custodial Agreement for Conventional Mortgage Loans.

  • The Commission shall announce in the Program Announcement with respect to each bond issue, the maximum dollar amount, if any, of FHA Insured Mortgage Loans, VA Guaranteed, HUD Guaranteed or RD Guaranteed Mortgage Loans and Conventional Mortgage Loans, respectively, that the Servicer may purchase under the Program.

  • The Designated FHA Partner's concurrence shall be required in all Partnership matters involving the FHA, including, without limitation, any sale of FHA Insured Mortgages or dissolution of the Partnership (it being understood that the Designated FHA Partner shall concur in any decision on such matters by vote of the Unitholders pursuant to Article X).

  • The Servicer shall cause to be maintained with respect to any real property related to an FHA- Insured Contract such hazard insurance and flood insurance as may be required by FHA Regulations, it being understood at the Closing Date that neither hazard nor flood insurance is required to be maintained with respect to the Contracts under the FHA Regulations.

  • The loan shall be secured by (Check all that apply): 71 ☐ Fixed Rate Mortgage ☐ FHA Insured Mortgage 72 ☐ Adjustable Rate Mortgage ☐ Owner Financing 73 ☐ Rural Development ☐ Bond Financing 74 ☐ VA Guaranteed Mortgage ☐ Conventional Mortgage 75 ☐ Other 76 77 The BUYER agrees to pay discount points not to exceed N/A 78 ( N/A ) % of the loan amount.


More Definitions of FHA Insured

FHA Insured means, with respect to a Mortgage Note, the Mortgage Note has been insured by the FHA or a written commitment to insure the Mortgage Note has been given by the FHA.
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Related to FHA Insured

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Sum Insured means the maximum amount of coverage, as specified in the Policy Schedule, that the Insured/Insured Person is entitled to in respect of each benefit and as applicable under the Policy.

  • Insured means the Executive.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.