Refinance Loan. Any Mortgage Loan the proceeds of which are used to refinance an Original Mortgage Loan.

Refinance Loan means any Education Loan made to consolidate existing Education Loans and/or other Refinance Loans.

Examples of Refinance Loan in a sentence

Refinance Loan borrowers and/or co-borrowers may be required to pay an application/administrative fee, as prescribed by the bond indentures.
For an NJCLASS Loan Program loan, Refinance Loan, or NJCLASS Consolidation Loan financed in whole or in part by bonds issued by the Authority pursuant to N.J.S.A. 18A:71A-8, the terms of the settlement agreement shall not violate the terms of the applicable bond indentures.
However, a borrower in the Refinance Loan Program may be eligible if the borrower is able to secure a creditworthy cosigner.
The Authority shall provide the borrower, co-borrower, and cosigner, if any, with a completed Refinance Loan Pre-Disbursement Disclosure Statement or other disclosures, as required by Federal law.
In addition, borrowers and/or co-borrowers may be required to pay a servicing fee for the Refinance Loan, if provided for by the promissory note.

More Definitions of Refinance Loan

Refinance Loan. The Loan is a refinancing of existing indebtedness and, except to the extent specifically required by Lender, there is to be no change in the ownership of either the Mortgaged Property or Borrower Principals. The intended use of any cash received by Borrower from Lender, to the extent applicable, in connection with the refinancing has been fully disclosed to Lender.

Refinance Loan means a new loan that pays off one or more previous NJCLASS Loan Program loans, NJCLASS Consolidation Loans, Federal Parent PLUS loans, and qualified private student loans. Refinance Loans enable a borrower with one or more existing loans to obtain one loan with one repayment schedule and one interest rate.

Refinance Loan means any loan or loans obtained by the General Partner on behalf of the Partnership to refinance a Loan or any prior Refinance Loan, on such terms and conditions as are acceptable to the General Partner. Any Refinance Loan may be secured by a lien against any one or more of the Projects, shall be at current market rates and current market terms and conditions, and may include all amounts necessary to pay off the Loan (or a prior Refinance Loan if applicable), all costs and expenses in obtaining such Refinance Loan, and such other amounts as determined by the General Partner in its sole discretion. Any Refinance Loan shall be on such terms and conditions as are acceptable to the General Partner, in its sole and absolute discretion, without the joinder of the Limited Partners; provided; however, that such Refinance Loan shall be non-recourse as to the Limited Partners.

Refinance Loan. As defined in Section 10.

Refinance Loan or “Loan” means a refinance (as opposed to a purchase) mortgage loan made to a Class Member by Bank of America during the Class Period through which he, she, or they paid off an existing mortgage loan secured by property located in West Virginia with a new mortgage loan secured by the same property in connection with which an Appraisal was ordered and performed such that the Class Member may be entitled to relief under this Agreement.

Refinance Loan means the loan related to that security deed dated May 1, 2003 from Consumer to Wells Fargo Home Mortgage, Inc. filed August 6, 2003 at Deed Book 13812, Page 3028, Cobb county, Georgia records, in the original amount of $85,659.00.