Real Estate Loan definition

Real Estate Loan means any debt obligation that is (a) directly or indirectly secured by a mortgage, deed of trust or similar Lien on commercial real estate, residential real estate, office, retail or industrial property or undeveloped land, is underwritten as a mortgage loan and is not otherwise associated with an operating business or (b) a loan to a company engaged primarily in acquiring and developing undeveloped land (whether or not such loan is secured by real estate).

Real Estate Loan means a Transferred Loan that is secured primarily by a mortgage, deed of trust or similar lien on commercial real estate (other than hotels, restaurants and casinos) or residential real estate.

Real Estate Loan means any Loan that is directly or indirectly secured by a mortgage or deed of trust or any security interest, in each case, on residential, commercial, office, retail or industrial property and is underwritten as a mortgage loan (including, for the avoidance of doubt, a Loan of an Obligor whose operating cash flow is primarily derived from the sale or liquidation of the aforementioned types of property).

Examples of Real Estate Loan in a sentence

• See NCUA Letter to Credit Unions (LCU) 07-CU-06 “Working with Residential Mortgage Borrowers” at http://www.ncua.gov; FFIEC Press Release dated March 4, 2009, “Making Home Affordable” at http://www.ncua.gov; LCU 09-CU-04, “Making Homes Affordable – A Program for Mortgage” at http://www.ncua.gov; FFIEC Press Release August 6, 2009 at http://www.ffiec.gov; LCU 10-CU-07, “Commercial Real Estate Loan Workouts” at http://www.ncua.gov.

• This policy is largely derived from the “Interagency Policy Statement on Prudent Commercial Real Estate Loan Workouts” that NCUA and the other financialregulators issued on October 30, 2009.15 The proposed IRPS requires a formally restructured member business loan workout to remain in nonaccrual status until the FICU can document a current credit evaluation of the borrower’s financial condition and prospects for repayment under the revised terms.

• This policy is derived from the “Interagency Policy Statement on Prudent Commercial Real Estate Loan Workouts” NCUA and the other financial regulators issued on October 30, 2009.consideration of the borrower's sustained historical repayment performance for a reasonable period prior to the date on which the loan is returned to accrual status.

More Definitions of Real Estate Loan

Real Estate Loan means a Note Receivable that is secured by a Lien on Real Property where material value is attributed to such Real Property and relied upon in the underwriting of such Note Receivable.

Real Estate Loan means any loan or other obligation secured by real estate, whether in fee or in a leasehold extending or renewable automatically for a period of at least fifty years or ten years beyond the maturity date of the loan.

Real Estate Loan. Each of the following types of Loans: Senior Secured Real Estate Loans; B-Note Loans; and Mezzanine Loans.

Real Estate Loan means a loan on the security of any instrument, whether a mortgage, deed of trust,

Real Estate Loan means any agreement providing for a loan secured by an interest in real estate in this state containing a residential structure of not more than four housing units, at least one of which is the primary residence of the borrower and includes, but is not limited to, agreements secured by mortgages, trust deeds, and conditional land sales contracts.

Real Estate Loan means the loan which was made by the BANK to the BORROWER pursuant to Article VI hereof.

Real Estate Loan means a loan on the security of real estate evidenced by any form of instrument whereby a lien is created upon such real estate for the benefit of another person as security for the payment of an obligation to such person or whereby title to real estate is conveyed to another person as trustee for a third person, as security for the payment of an obligation to such third person;