Multifamily Mortgage Loan definition

Multifamily Mortgage Loan means a Mortgage Loan secured by a Mortgage on improved Multifamily Property.
Multifamily Mortgage Loan means a Loan secured by residential real property that includes five or more dwelling units, made subject to this Agreement and the applicable Appendix by the written agreement of the parties.
Multifamily Mortgage Loan. Multifamily PropertySection 1 Section 1 Annex 1, Annex 3 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 “NASD” Section 1 “OTS” Section 1

Examples of Multifamily Mortgage Loan in a sentence

  • The closing date of the Mezzanine Loan Agreement, the DUS Plus Multifamily Mortgage Loan Documents and all the other Mezzanine related Loan Documents described in these instructions must be the same.

  • The Mezzanine Borrower is the owner of 100% of the ownership interests of the Mortgage Borrower under the related DUS Plus Multifamily Mortgage Loan Documents, whether one or more.

  • The Authority has two major loan programs, which are the Home Ownership Mortgage Loan Program (Single Family) and the Multifamily Mortgage Loan Program (Multifamily).

  • Submission Type You must...Documents• Submit all applicable documents per the Multifamily Mortgage Loan Delivery Package Table of Contents and any applicable ASAP Contract, including the Mortgage Loans- underwriting information, and- Loan Documents.

  • The Multifamily Mortgage Loan subject to such Transaction shall be an Eligible Mortgage Loan.

  • The Authority has two major loan programs; the Home Ownership Mortgage Loan Program (Single Family) and the Multifamily Mortgage Loan Program (Multifamily).

  • Delivery Failure 16 Summary of Changes Required for all Mortgage Loans Committed on or after July 1, 2021, and optional for all other Mortgage Loans, Part IV, Chapter 4: Delivery was updated to reorganize and clarify Mortgage Loan Delivery and Loan Documentation Requirements by requiring you to:• document the Mortgage Loan per the revised Loan Documentation Requirements (Form 6000); and• Deliver all documents per the revised Multifamily Mortgage Loan Delivery Package Table of Contents (Form 6502).

  • Dirección del Banco: 3210 Holcomb Bridge Road Norcross, GA 30092.

  • When delivering the portions of the Mortgage Loan Delivery Package requiring either an “Original” or “Photocopy”:• A physical copy of this Multifamily Mortgage Loan Delivery Package Table of Contents, with all applicable documents checked, must be placed in the front of the package.• All physical documents must be:ο separated by numbered tabs; andο submitted either loose, or with binder or paper clips only; no staples or rubber bands are permitted.

  • When delivering the portions of the Mortgage Loan Delivery Package requiring either an “Original” or “Photocopy”:A physical copy of this Multifamily Mortgage Loan Delivery Package Table of Contents, with all applicable documents checked, must be placed in the front of the package.All physical documents must be: separated by numbered tabs; andsubmitted either loose, or with binder or paper clips only; no staples or rubber bands are permitted.

Related to Multifamily Mortgage Loan

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Jumbo Mortgage Loan is a collective reference to Jumbo Mortgage Loans (Standard Limit) and Jumbo Mortgage Loans (Specialty).

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Eligible Mortgage Loan means a Mortgage Loan:

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Residential mortgage loan means any loan primarily for

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Non-MERS Mortgage Loan Any Mortgage Loan other than a MERS Mortgage Loan.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.