Premium Mortgage Loan definition

Premium Mortgage Loan. Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.
Premium Mortgage Loan. A Mortgage Loan with a Net Mortgage Interest Rate of 6.750% or greater.

Examples of Premium Mortgage Loan in a sentence

  • Group 2 Premium Mortgage Loan: Any Group 2 Mortgage Loan with a Net Mortgage Interest Rate on the closing date that is equal to or greater than [%] per annum.

  • Notwithstanding the foregoing, for each Distribution Date occurring on or after the month following the month of the first rate adjustment date for any Mortgage Loan, the WIO Rate with respect to such Premium Mortgage Loan will be zero.

  • Premium Mortgage Loan: Any Mortgage Loan with a Net Mortgage Interest Rate that is equal to or more than 7.750% per annum.

  • Group 1 Premium Mortgage Loan: Any Group 1 Mortgage Loan with a Net Mortgage Interest Rate on the closing date that is equal to or greater than [%] per annum.

  • I-38 Premium Mortgage Loan..............................................................................


More Definitions of Premium Mortgage Loan

Premium Mortgage Loan. Any Mortgage Loan with a Net Mortgage Interest Rate that is equal to or more than % per annum.
Premium Mortgage Loan. Any Mortgage Loan with a Net Mortgage Interest Rate as of the Closing Date that is equal to or more than 4.412231% per annum.
Premium Mortgage Loan. Any Mortgage Loan with a Net Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to 5.500% per annum.
Premium Mortgage Loan. A Mortgage Loan with a Net Mortgage Interest Rate of greater than 5.000%.
Premium Mortgage Loan. A Group I Premium Mortgage Loan, Group II Premium Mortgage Loan or Group III Premium Mortgage Loan.