Loan Rate. With respect to each Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan from time to time in accordance with the provisions of the related Mortgage Note.

Loan Rate. With respect to any Mortgage Loan as of any day, the per annum rate of interest applicable under the related Mortgage Note to the calculation of interest for such day on the Principal Balance.

Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

## Examples of *Loan Rate* in a sentence

Xxxxxxxx promises to pay interest on the unpaid principal amount of the Loan for the period commencing on the date of the Loan Advance until such Loan is paid in full at the

**Loan Rate**; provided, if at any time an uncured Event of Default exists, the interest rate applicable to the Loan shall be increased to the Default Rate.Neither the

**Loan Rate**nor the Default Rate shall exceed the maximum rate permitted by Applicable Law under any circumstance.Beginning on July 1, 2023, and continuing on the first day of each month until all amounts under the Loan are paid in full, Borrower shall make monthly payments of accrued interest at the

**Loan Rate**.

## More Definitions of *Loan Rate*

Loan Rate. With respect to any Mortgage Loan and any day, the per annum rate of interest applicable under the related Mortgage Note.

Loan Rate means, for each Loan in a Due Period, the current cash pay interest rate for such Loan in such period, as specified in the related Required Loan Documents.

Loan Rate. With respect to each Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan from time to time in accordance with the provisions of the related Mortgage Note, which rate shall remain constant at the rate set forth in the Mortgage Loan Schedule as the Loan Rate in effect immediately following the Cut-off Date. With respect to each Mortgage Loan that becomes an REO Property, as of any date of determination, the annual rate determined in accordance with the immediately preceding sentence as of the date such Mortgage Loan became an REO Property.

Loan Rate means the annual rate at which interest accrues on any Pledged Loan, as modified from time to time in accordance with the terms of any related Credit Standards and Collection Policies.

Loan Rate means, with respect to each Loan, the per annum rate of interest (based on a year of twelve 30-day months) equal to the greater of (a) 11.90 % or (b) 11.90% plus the difference between (i) the one month LIBOR Rate (rounded to the nearest one hundredth percent), as reported in the Wall Street Journal, on the date which is five (5) Business Days before the Funding Date for such Loan (or, if the Wall Street Journal is not published on such date, the next earlier date on which it is published).and (ii) 5.33%.

Loan Rate means, with respect to each Loan, the per annum rate of interest (based on a year of twelve 30-day months) equal to the sum of (a) the U.S. Treasury note rate of a term equal to the Treasury Note Maturity as quoted in the Wall Street Journal on the date the Loan Terms Schedule for such Loan is prepared, plus (b) the applicable Loan Margin.

Loan Rate. With respect to any Home Equity Loan and any day, the per annum rate of interest applicable under the related Loan Agreement.