Mortgage Loan Program definition

Mortgage Loan Program means the criteria established by Lender and/or an Investor, as reflected by Lender’s and/or Investors’ Guidelines, setting forth those Mortgage Loans available to eligible, prospective borrowers for Closing in accordance with the terms of this Agreement.

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Mortgage Loan Program means the criteria established by Lender from time to time by the terms of Lender’s rate sheets and underwriting guidelines prescribing certain Mortgage Loans which can be offered to prospective Borrowers as a Mortgage Loan eligible for

Mortgage Loan Program means a type of Mortgage Loan, the terms and conditions of which are described in the Guide, and which can be offered to prospective Borrowers as an eligible Mortgage Loan under the terms of this Agreement.

Examples of Mortgage Loan Program in a sentence

• A closing cost administration fee as set forth in the Second Mortgage Loan Program Manual shall be collected by the Mortgage Lender from the buyer/seller and netted out to the Servicer upon the Servicer’s purchase of the Second Mortgage Loan.

• Buyer authorizes Seller to participate in the Mortgage Loan Programs for which Seller meets the applicable eligibility requirements, and by signing this Loan Purchase Agreement, Seller agrees to abide by the terms and conditions applicable to each Mortgage Loan Program as set forth in the Seller’s Guide.

• Broker shall comply with the Lender’s and/or Investors’ Guidelines that Lender may distribute from time to time concerning interest rates and lock-ins that apply to a particular Mortgage Loan Program offered by ▇▇▇▇▇▇.

• Broker shall be responsible for determining whether each Application meets the terms and requirements of the available Mortgage Loan Programs, and Lender shall have no obligation to accept submission of any Application for Underwriting that does not fully comply with the terms and requirements of the applicable Mortgage Loan Program.

• Correspondent shall be responsible for assuring that each Application submitted to PNL complies with all the terms and conditions of the applicable Mortgage Loan Program at the time Correspondent sends the Mortgage Loan to PNL.

More Definitions of Mortgage Loan Program

Mortgage Loan Program. The program under which the related Mortgage Loan was originated, which program shall be one of the following: Core Program or Portfolio Transaction Program.

Mortgage Loan Program means any program established by Seller and made available by ▇▇▇▇▇▇ ▇▇▇ (FNMA), ▇▇▇▇▇▇▇ Mac (FHLMC), Federal Housing Authority (FHA), Veterans Administration (VA) or other programs agreed to by Seller and Purchaser. (u)

Mortgage Loan Program means a type of Mortgage Loan, the terms and conditions of which are described in the Correspondent Manual, and which can be offered to prospective Borrowers as an eligible Mortgage Loan under the terms of this Agreement.

Mortgage Loan Program means the criteria established by TIB and/or an Investor, as reflected by TIB’s guidelines, setting forth those Mortgage Loans available to eligible, prospective borrowers for Closing in accordance with the terms of this Agreement.

Mortgage Loan Program means the mortgage loan financing program described in the Mortgage Loan Origination Guidelines.

Mortgage Loan Program means the criteria established by Lender and/or an Investor, as reflected by ▇▇▇▇▇▇’s and/or Investors’ Guidelines, setting forth those Mortgage Loans available to eligible, prospective borrowers for Closing in accordance with the terms of this Agreement.

Mortgage Loan Program means the criteria established by Lender from time to time by the terms of Lender’s rate sheets and underwriting guidelines prescribing certain Mortgage Loans which can be offered to prospective Borrowers as a Mortgage Loan eligible for Closing in accordance with the terms of this Agreement.