Fixed Loan definition

Fixed Loan means a fixed-rate loan made to a Collateral Pool Borrower each of which is or shall be evidenced by a Fixed Loan Note.
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Fixed Loan means the loan in the amount of $307,760,000 evidenced by the Fixed Facility Note.
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Fixed Loan in Part V I means a loan on mort­ gage granted for a fixed term of years during which interest only is payable.
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Examples of Fixed Loan in a sentence

  • You can either avail of a Variable Loan to Value Rate or a Fixed Loan to Value Rate.

  • Fixed Loan Rate: The Agency assigns to each loan a fixed loan rate at the time a loan is made to the participant.

  • Interest Rate – The interest rate is a portion of the Fixed Loan Rate and shall not be less than one-half of the Fixed Loan Rate rounded to the nearest 0.01%.

  • Fixed Loan Rate – The simple annual fixed rate on the loan, which includes an interest rate portion and a loan support rate portion.

  • The monies generated by the loan support rate portion of the Fixed Loan Rate shall be deposited in the Loan Support Program receipt account within the Fund.

  • Fixed Loan We will withdraw an amount equal to the Fixed Loan from the Fixed Account and/or the Sub-Account(s) in the same proportion as the balances invested in the total of such account(s), unless you instruct us otherwise by Request.

  • Interest charged on the Fixed Loan accrues daily and is payable annually on each Policy Anniversary or as otherwise agreed to In Writing by you and us.

  • Interest accrues from the date of each advance, until the entire repayment of the Fixed Loan.

  • Fixed Loan Rate Option.--We charge interest daily on any loan at the effective rate of 5 1/2% a year.

  • Loan Support Rate – The loan support rate is a portion of the Fixed Loan Rate and shall not exceed one-half of the Fixed Loan Rate rounded to the nearest 0.01%.


More Definitions of Fixed Loan

Fixed Loan means a term loan, that you have agreed in writing will be secured by the mortgage, advanced by us in a specific amount that is repaid in regular payments over a set period of time. A fixed loan may be a fixed rate loan or an adjustable rate loan.
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Fixed Loan means a Loan the interest related to which has been switched to a Fixed Rate pursuant to Clause 8.5 (Interest Switch Option).
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Fixed Loan means the loan in the amount of $420,000,000 evidenced by the Fixed Note, plus such amount as Borrower may elect to convert to a Fixed Loan in accordance with Section 1.05. * Indicates material that has been omitted and for which confidential treatment has been requested. All such omitted material has been filed with the Securities and Exchange Commission pursuant to Rule 406 promulgated under the Securities Act of 1933, as amended. Master Credit Facility Agreement Definitions Camden 2009
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Fixed Loan has the meaning set forth in Section 2.1.1.
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Fixed Loan means the fixed loan made by Lender to the Borrower on the Initial Closing Date in the initial principal amount of $328,333,000, an Additional Loan which is a fixed loan, each of which shall be evidenced by a Fixed Loan Note, and a Loan which has been converted from a Variable Loan to a Fixed Loan, as evidenced by an amendment to the applicable Note.
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Fixed Loan means a loan—
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Related to Fixed Loan

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • PPP Loan has the meaning set forth in Section 3.28.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Debt Service Reduction Mortgage Loan Any Mortgage Loan that became the subject of a Debt Service Reduction.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan:

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Non-MERS Eligible Mortgage Loan Any Mortgage Loan other than a MERS Eligible Mortgage Loan.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.