VA Loan Guaranty Certificate definition

VA Loan Guaranty Certificate. With respect to each Mortgage Loan with a VA Guaranty, the loan guaranty certificate evidencing such guaranty.
VA Loan Guaranty Certificate. The certificate evidencing a VA Loan Guaranty Agreement.
VA Loan Guaranty Certificate means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

Examples of VA Loan Guaranty Certificate in a sentence

  • The original recorded Mortgage and original recorded Assignment of Mortgage Note and Mortgage and the final Title Guaranty Certificate and FHA Mortgage Insurance Certificate or VA Loan Guaranty Certificate or USDA Rural Development Guaranty must be submitted to the Servicer within sixty (60) days from the Purchase Date of the subject Mortgage Loan.

  • VA guarantees a portion of the loan, identified on the VA Loan Guaranty Certificate (LGC) by percentage and dollar amounts.

  • With respect to the VA Loans, the VA Loan Guaranty Certificate is in full force and effect to the maximum extent stated therein.

  • With respect to the VA Loans, the application for the VA Loan Guaranty Certificate has been submitted to the VA and neither the Seller nor the Servicer has been notified of a denial of the application or the refusal to issue the Certificate.

  • The selection of the participating CBOs and their sub-projects shall be fair and transparent, and based on social, financial and technical criteria identified in the Operational Manual.

  • With regard to FHA or VA Loans, if Bank fails to submit for an FHA Mortgage Insurance Certificate (“MIC”) or VA Loan Guaranty Certificate (“LGC”) within one hundred and twenty (120) days following the purchase of Loan.

  • A Borrower’s or Co-Borrower’s name shall always be written the same way throughout on: the application, consumer lending disclosures, title policy, deed, purchase or refinance first Mortgage, purchase or refinance first Mortgage Note, and where applicable: FHA mortgage insurance certification, VA Loan Guaranty Certificate, or USDA Loan Note Guaranty; Smart Start Mortgage and Smart Start Note.

  • With respect to the VA Loans, the application for the VA Loan Guaranty Certificate has been submitted to the VA and neither Seller nor Servicer has been notified of a denial of the application or the refusal to issue the Certificate.

  • Protection Against Loss VA guarantees a portion of the loan, identified on the VA Loan Guaranty Certificate (LGC) by percentage and dollar amount.

  • With respect to the VA Loans, either (i) the VA Loan Guaranty Certificate is in full force and effect to the maximum extent stated therein or (ii) the Mortgage Loan meets all standards for the issuance of a VA Loan Guaranty Certificate.


More Definitions of VA Loan Guaranty Certificate

VA Loan Guaranty Certificate. [Not Applicable] *VA Regulations: [Not Applicable]
VA Loan Guaranty Certificate. A loan guaranty certificate (VA Form No. 26-1866a) or any similar certificate or instrument issued by the VA pursuant to VA Regulations, evidencing that the VA has guaranteed the payment of a portion of the principal and interest on a VA Loan.
VA Loan Guaranty Certificate. The certificate evidencing a VA Loan Guaranty Agreement. VA Regulations: Regulations promulgated by the Veteran’s Administration pursuant to the Servicemen’s Readjustment Act, as amended, codified in 38 Code of Federal Regulations, and other VA issuances relating to VA Loans, including related Handbooks, Circulars and Notices.
VA Loan Guaranty Certificate. A loan guaranty certificate (VA Form ---------------------------- No. 26-1866a) or any similar certificate or instrument issued by the VA pursuant to VA Regulations, evidencing that the VA has guaranteed the payment of a portion of the principal and interest on a VA Loan.
VA Loan Guaranty Certificate. Not applicable.
VA Loan Guaranty Certificate means the certificate evidencing a loan guaranty provided by VA, as authorized under the Serviceman’s Readjustment Act.

Related to VA Loan Guaranty Certificate

  • Capital Security Certificate means a definitive Certificate in fully registered form representing a Capital Security substantially in the form of Exhibit A-1.

  • Preferred Security Certificate means a certificate representing a Preferred Security substantially in the form of Exhibit A-1.

  • Safety Certificate and “deemed Safety Certificate” have the meanings given to “safety certificate” and “deemed safety certificate” by the Railways and Other Guided Transport Systems (Safety) Regulations 2006;

  • Security Certificate Has the meaning given such term in Section 8-102(a)(16) of the New York UCC.

  • Common Security Certificate means a definitive certificate in fully registered form representing a Common Security substantially in the form of Exhibit A-2.

  • Defects Liability Certificate means the certificate issued by Architect upon correction of defects by the Contractor.

  • Availability Certificate means a certificate substantially in the form of Annex 3 hereto, appropriately completed and duly signed by your Authorized Officer.

  • Tax credit certificate means a certificate issued by the office that:

  • Pledge Certificate means a Pledge Certificate in the form attached to this Appendix "C" as Schedule 1 executed by a duly authorized officer of the applicable Fund and delivered by such Fund to the Custodian by facsimile transmission or in such other manner as the applicable Fund and the Custodian may agree in writing.

  • Eligibility Certificate is defined in Section 4.8(b).

  • Defects Liability Expiry Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Earned credit certificate means a certificate issued by the Chief Procurement Officer evidencing the amount of earned credit a contractor has been awarded.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Credit certificate means a certificate issued by the allocating agency to a taxpayer that specifies the amount of affordable housing tax credits that can be applied against the taxpayer’s individual or corporate income tax, or franchise, captive insurance premium, or insurance premium tax liability as provided in this subchapter.

  • Class K Certificate means any of the Certificates with a "Class K" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Environmental Certificate shall have the meaning set forth in Section 12.2.1.

  • Delay Certificates As specified in the Preliminary Statement.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.

  • Servicing Certificate A certificate completed and executed by a Servicing Officer on behalf of the Master Servicer in accordance with Section 4.01 of the Servicing Agreement.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

  • Outstanding Certificate Any Outstanding Exchangeable Certificate and Outstanding Exchangeable REMIC Certificate.

  • Class N Certificate means any of the Certificates with a "Class N" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • -ENTRY CERTIFICATES Any of the Certificates that shall be registered in the name of the Depository or its nominee, the ownership of which is reflected on the books of the Depository or on the books of a person maintaining an account with the Depository (directly, as a "Depository Participant", or indirectly, as an indirect participant in accordance with the rules of the Depository and as described in Section 7.06). As of the Closing Date, each Class of Regular Certificates constitutes a Class of Book-Entry Certificates.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.