Group IV Mortgage Loan definition
Group IV Mortgage Loan. Any Mortgage Loan in Loan Group IV.
Group IV Mortgage Loan. A Mortgage Loan identified as a Group IV Mortgage Loan on the Mortgage Loan Schedule.
Group IV Mortgage Loan. A first lien adjustable-rate Mortgage Loan with an initial fixed-rate period of 10 years following origination. The Group IV Mortgage Loans are identified as such on the Mortgage Loan Schedule.
More Definitions of Group IV Mortgage Loan
Group IV Mortgage Loan. A first lien adjustable-rate Mortgage Loan with a Mortgage Rate scheduled to adjust 49 to 60 months from the Cut-off Date. The Group IV Mortgage Loans are identified as such on the Mortgage Loan Schedule.
Group IV Mortgage Loan. Any Mortgage Loan that has been identified as such on the Mortgage Loan Schedule.
Group IV Mortgage Loan. A first lien adjustable-rate Mortgage Loan whose Mortgage Rate will be adjusted on each Adjustment Date to equal the sum of (i) the sum of the related Index and the related Gross Margin and (ii) a fixed rate component as set forth in the related Mortgage Note divided by 2. The Group IV Mortgage Loans are identified as such on the Mortgage Loan Schedule.
Group IV Mortgage Loan. A Fixed-Rate Mortgage Loan assigned to Loan Group IV with a principal balance at origination that may or may not conform to Fannie Mae or Freddie Mxx xxxn limits.
Group IV Mortgage Loan. Any Mortgage Loan in Loan Group IV. HSBC: HSBC Mortgage Corporation (USA), and its successors and assigns.