Maximum Loan Rate definition

Maximum Loan Rate. With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.
Maximum Loan Rate. With respect to each Mortgage Loan, the maximum loan rate thereon specified in the related Loan Agreement.
Maximum Loan Rate. With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

Examples of Maximum Loan Rate in a sentence

  • Maximum Loan Rate: ______ % DATE: [Indenture Trustee] [address] ▇▇▇▇▇’▇ Investors Service, Inc.

  • Maximum Loan Rates Percent of Initial Subgroup 2 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 2 Balance HELOCs 14.001% to 15.000% 1 $45,282.85 0.26% 15.001% to 16.000% 1 90,499.65 0.51% 17.001% to 18.000% 76 5,551,525.84 31.49% 18.001% to 19.000% 120 11,939,569.67 67.74% Total 198 $17,626,878.01 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 2 HELOCs as of the Cut-Off Date is approximately 18.32%.

  • Maximum Loan Rate: ______% EXHIBIT 3 FORM OF ADDITION NOTICE DATE: [Indenture Trustee] Moody's Investors Service, Inc.

  • Maximum Loan Rate: ______% EXHIBIT 3 FORM OF ADDITION NOTICE DATE: [Indenture Trustee] [▇▇▇▇▇'▇ Investors Service, Inc.

  • Maximum Loan Rates Percent of Initial Subgroup 1 Number of Cut-Off Date HELOCs by Maximum Loan Rates Initial Balance Cut-Off Date (%) Subgroup 1 Balance HELOCs 14.001% to 15.000% 134 $2,566,007.77 1.52% 15.001% to 16.000% 105 2,386,049.11 1.42% 17.001% to 18.000% 1,646 34,544,278.83 20.53% 18.001% to 19.000% 5,356 128,798,970.58 76.53% Total 7,241 $168,295,306.29 100.00% The weighted average Maximum Loan Rate of the Initial Subgroup 1 HELOCs as of the Cut-Off Date is approximately 18.31%.


More Definitions of Maximum Loan Rate

Maximum Loan Rate. With respect to each HELOC, the maximum loan rate thereon specified in the related Loan Agreement.
Maximum Loan Rate. With respect to each Adjustable-Rate Mortgage Loan, either (i) the percentage set forth in the related Mortgage Note as the maximum Mortgage Interest Rate thereunder or (ii) with respect to any Bank of America Mortgage Loan, the related Lifetime Rate Cap.
Maximum Loan Rate. As to any Mortgage Loan the lesser of the maximum rate permitted by law and the highest rate at which interest can accrue pursuant to the terms of the related Loan Agreement.

Related to Maximum Loan Rate

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • 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.

  • Maximum Advance Rate means 80.0%.

  • Maximum Stock Loan Rate As provided in Annex A to this Confirmation.