RD Loan definition
RD Loan means a Mortgage Loan which is the subject of a RD Loan Guaranty Agreement as evidenced by a loan guaranty.
RD Loan means a first lien Mortgage Loan originated in accordance with the criteria established by and guaranteed by the RD.
RD Loan. “RD Loan Guaranty Agreement”, “VA Loan” and “VA Loan Guaranty Agreement” in their proper alphabetical order:
Examples of RD Loan in a sentence
Each ▇▇▇▇▇▇ ▇▇▇ Modified Loan (i) was modified in accordance with the ▇▇▇▇▇▇ ▇▇▇ Guidelines; (ii) with respect to (x) an FHA Loan, is the subject of an FHA Mortgage Insurance Certificate; (y) a VA Loan, is the subject of a VA Loan Guaranty Agreement and (z) a RD Loan, is guaranteed by the RD pursuant to a RD Loan Guaranty Agreement and (iii) conforms to the requirements of ▇▇▇▇▇▇ ▇▇▇ for securitization.
With respect to each ▇▇▇▇▇▇ ▇▇▇ Early Buyout Loan that is or was a RD Loan, the Nominee shall be listed as the servicer and Nominee as the holding lender on the RD LINC system and record with RD under identification number [***].
More Definitions of RD Loan
RD Loan means the nonrecourse assumed loan from RD in the original principal amount of $1,202,968.42, with an assumed principal balance of $1,146,476.36, a 50 year term, 600 month amortization with 388 months remaining in the amortization, maturity on February 26, 2040, an original interest rate of 8.75%, an effective interest rate not to exceed 1.00% per annum pursuant to the Multiple Family Housing Interest Credit Agreement entered into by the Partnership and RD on March 1, 1990, and monthly principal and interest payments equal to $2,551.88.
RD Loan means a first lien Mortgage Loan originated in accordance with the criteria established by and eligible to be guaranteed by the RD under a RD Loan Guaranty Agreement, and is so guaranteed pursuant to the provisions of the RD Regulations, and was originated in Strict Compliance with RD Regulations and the GNMA Guide, is eligible for inclusion in the GNMA Program, and unless otherwise agreed to by Buyer in its sole discretion, does not exceed the applicable maximum mortgage limits as set forth in the RD Regulations.
RD Loan means any loan guaranteed by RD.
RD Loan means a mortgage loan guaranteed by the United States Department of Agriculture Rural Development.