Offset Mortgage definition

Offset Mortgage means an offset mortgage account opened and maintained by you with us, YBHL or (where applicable) another company in our Group
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Offset Mortgage means a mortgage governed by National Irish Bank's Offset Mortgage Home Loan Terms and Conditions or any analogous offset mortgage terms and conditions which permit the mortgage in question to be linked to a nominated account for the purposes of reducing interest payments on that mortgage.
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Offset Mortgage means an offset mortgage account opened and maintained by you with us, YBHL or (where applicable) another company in our Group as your mortgage lender and which you have agreed with us, YBHL or that company is for the time being included in the Offsetting Arrangement.
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More Definitions of Offset Mortgage

Offset Mortgage means an offset mortgage account opened and maintained by
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Related to Offset Mortgage

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply: