FHA Loan definition
FHA Loan. A Mortgage Loan which is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate.
FHA Loan means a Mortgage Loan which is the subject of an FHA Mortgage Insurance Contract.
FHA Loan means a Single-family Mortgage Loan, payment of which is partially or completely insured by the FHA under the National Housing Act or Title V of the Housing Act of 1949 or with respect to which there is a current, binding and enforceable commitment for such insurance issued by the FHA.
Examples of FHA Loan in a sentence
With respect to each FHA Loan (if any), the FHA Loan (i) was originated and serviced in full compliance with all rules, regulations and applicable requirements of FHA, (ii) is fully insurable by FHA, and a mortgage insurance certificate has been or within ninety (90) days from delivery of the FHA Loan to Purchaser will be issued by FHA and (c) is not subject to any defenses, counterclaims or rights of set-off affecting the validity or enforceability of the FHA insurance.
More Definitions of FHA Loan
FHA Loan means a loan made, insured, purchased, subsidized or guaranteed by the Federal Housing Administration;
FHA Loan. A Mortgage Loan that is partially insured by the FHA under Title I.
FHA Loan means a Loan that is insured, or is eligible and intended to be insured, by the FHA.
FHA Loan. A Mortgage Loan which is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate. FHA Regulations: Regulations promulgated by HUD under the National Housing Act, codified in 24 Code of Federal Regulations, and other HUD issuances relating to FHA Loans, including the related Handbooks, Circulars, Notices and Mortgagee Letters. FHLMC: Federal Home Loan Mortgage corporation or any successor thereto. Fidelity Bond: A fidelity bond to be maintained by the Company pursuant to Section 4.12.
FHA Loan means a Mortgage Loan which (i) is eligible for insurance by FHA and (ii) is so insured or is subject to a current binding, and enforceable commitment for such insurance pursuant to the provisions of the National Housing Act, as now in effect and as may be hereafter amended from time to time, and is otherwise eligible for inclusion in a GNMA Mortgage-backed Security pool.
FHA Loan means a Mortgage Loan which is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate.
FHA Loan. A residential Mortgage Loan that, as of the Cut-off Date (or, in the case of a Qualifying Substitute Mortgage Loan, as of the date of such substitution), is the subject of an FHA Insurance Contract as evidenced by a mortgage insurance contract.