Insured Loan definition

Insured Loan means a Student Loan which is Insured.
Insured Loan means the debt described on page 1 of this Certificate by the Insured Financed Amount over the Insurance Term in Months at the Interest Rate. If a) the Financed Amount is greater than the Insured Financed Amount or b) your Amortization Term is greater than your Insurance Term, the Insurance benefit may not pay the full outstanding balance of your financial obligation.
Insured Loan means a loan which has been insured as evidenced by the issuance of an Insurance Certificate or by the endorsement of the note for in- surance by the Commissioner.

Examples of Insured Loan in a sentence

  • Upon cancellation of coverage pursuant to this Section, the Maximum Cumulative Liability shall be reduced by the Maximum Cumulative Liability Percentage times the Insured Loan Amount.

  • The Company is required to pay an annual insurance premium of 1.4% of the MIGA Insured Loan for the remaining life of the facility.

  • The Master Servicer shall cooperate with Radian and shall use its best efforts to furnish all reasonable aid, evidence and information in the possession of the Master Servicer or to which the Master Servicer has access with respect to any Radian Insured Loan.

  • The Direc- tor or the Insured Loan Officer of the Finance Office of Rural Development.

  • The Direc- tor or the Insured Loan Officer of the Finance Office of FmHA or its suc- cessor agency under Public Law 103– 354.


More Definitions of Insured Loan

Insured Loan means a Loan in respect of which a Loan Insurance Policy has been issued and is in effect;
Insured Loan means the debt described on page 1 of this Certificate by the Insured Financed Amount over the Insurance Term in Months at the Interest Rate.
Insured Loan means the Loan for which an Insured Borrower is covered under this Policy.
Insured Loan means a loan that is insured or as to which a commitment for any such insurance has been made under the provisions of any state or federal law.]
Insured Loan means an Eligible Loan which is Insured.
Insured Loan means a student loan which is insured.
Insured Loan means a Loan that is insured as to repayment on default by a Loan Insurer.