Super Jumbo Loan definition

Super Jumbo Loan means a Jumbo Loan having an original principal balance in excess of $999,999 but not more than $3,000,000.
Super Jumbo Loan means a Jumbo Loan whose original principal amount is more than Six Hundred Fifty Thousand Dollars ($650,000) but not more than Two Million Dollars ($2,000,000) (or such greater amount as shall be approved by the Agent on a case-by-case basis.)
Super Jumbo Loan means a Mortgage Loan for which the original principal amount of the underlying Mortgage Note is greater than $600,000 but does not exceed $1,000,000.

More Definitions of Super Jumbo Loan

Super Jumbo Loan means a Single-family Mortgage Loan whose original principal amount is more than $1,000,000.00; provided, however, if such Mortgage Loan will be included in Collateral, Agent has approved such Mortgage Loan prior to its pledge.
Super Jumbo Loan means any mortgage loan which substantially conforms to the Guidelines, except that the principal balance thereof exceeds the principal balance of a mortgage loan which conforms to the Guidelines and the principal balance thereof is greater than $1,500,000 but less than or equal to $3,000,000, and the terms of which include other specified exceptions to the Guidelines, if any, which are consistent with Seller’s Super Jumbo Loan underwriting standards. Super Jumbo Loans will not include mortgage loans made to Sub-Prime Borrowers.
Super Jumbo Loan means a Mortgage Loan, the original principal amount of which is greater than $500,000 but no greater than $750,000 (or such greater amount as Agent, in its sole discretion, may permit on a case-by- case basis), which complies with all applicable requirements for purchase under either (a) the FNMA or FHLMC standard form of conventional mortgage purchase contract then in effect, except that the amount of such loan is greater than the maximum loan amount under such requirements, or (b) a Take-Out Commitment.
Super Jumbo Loan means a Mortgage Loan, the original principal amount of which is greater than $1,000,000 but no greater than $2,000,000, which complies with all applicable requirements for purchase under the FNMA or FHLMCstandard form of conventional mortgage purchase contract then in effect, except that the amount of such loan is greater than the maximum loan amount under such requirements.
Super Jumbo Loan in Section 1.1 of the Loan Agreement is amended by adding the following phrase at the end thereof before the period: , which is fully documented and which is the subject of a Take-out Commitment from an Investor that is a depository institution or Countrywide
Super Jumbo Loan means a Single-family Mortgage Loan the original principal amount of which when originated was more than the maximum limit for eligibility for purchase by Xxxxxx Xxx or Xxxxxxx Mac or for inclusion in a pool of mortgage loans eligible for guaranty by Xxxxxx Mae or Xxxxxxx Mac after such pool's securitization, and whose original principal amount is more than One Million Dollars ($1,000,000) but not more than One Million Five Hundred Thousand Dollars ($1,500,000).
Super Jumbo Loan means a Loan, or more than one Loan which are being treated collectively by the Agent as a Jumbo Loan, which meets all of the requirements of a Jumbo Loan except that the Advance or Advances relating to such Loan or Loans is in excess of Nine Hundred Thousand Dollars ($900,000.00) and such Loan or Loans has been specifically approved by the Agent in writing, in its sole and absolute discretion, which approval may be withheld by the Agent for any or no reason.