VA Mortgage Loan definition

VA Mortgage Loan means a mortgage loan that is partially guaranteed by the VA in accordance with its regulations.

VA Mortgage Loan means a Mortgage Loan guaranteed by VA.

VA Mortgage Loan. At any time, any Mortgage Loan that is subject to a VA Guaranty and eligible for reimbursement thereunder. VA Regulations: Regulations promulgated by the VA pursuant to the Readjustment Act, codified in 38 Code of Federal Regulations, and other VA issuances relating to mortgage loans guaranteed by the VA, including, without limitation, related handbooks, circulars, notices and mortgage letters.

Examples of VA Mortgage Loan in a sentence

• The Streamline Refinance Program Mortgage Loan products allow eligible homeowners to refinance their existing FHA or VA mortgage loan to a new FHA or VA Mortgage Loan to reduce their current monthly payment.

• Any VA Mortgage Loan underwritten using DU must comply with the terms of the VA Lenders Handbook and Fannie Mae’s DU requirements.Any VA Mortgage Loan underwritten using DU must include the Underwriting Reporting the Mortgage Loan File as well as meet all conditions and requirements identified by DU.

• Any VA Mortgage Loan underwritten using Loan Product Advisor must comply with the terms of the VA Lenders Handbook and the Freddie Mac Loan Product Advisor requirements.

• The Lender shall comply, as to each VA Mortgage Loan, with the Servicemen’s Readjustment Act of 1944, as amended and supplemented, all rules and regulations issued thereunder relating to VA-guaranteed home mortgage loans, and all administrative publications.

• The guaranty amount with respect to each VA Mortgage Loan is equal to the maximum amount applicable to such Mortgage Loan as provided under the VA Regulations.

More Definitions of VA Mortgage Loan

VA Mortgage Loan means any Mortgage Loan that is subject to a VA Guaranty and eligible for reimbursement thereunder.

VA Mortgage Loan. A Mortgage Loan that has a LGC issued by the VA.

VA Mortgage Loan. Not applicable. VA Regulations: Regulations promulgated by the VA pursuant to the Readjustment Act, codified in 38 Code of Federal Regulations, and other VA issuances relating to mortgage loans guaranteed by the VA, including, without limitation, related handbooks, circulars, notices and mortgage letters.

VA Mortgage Loan means a Mortgage Loan guaranteed by VA in accordance with the provisions hereof and under the Servicemen’s Readjustment Act of 1944, as amended.

VA Mortgage Loan means a Mortgage Loan that is secured by a first lien on land and the Single Family Residence constructed thereon and is guaranteed by the VA.

VA Mortgage Loan. A Mortgage Loan partially guaranteed by the VA pursuant to the Servicemen’s Readjustment Act of 1944, as amended, or Chapter 37 of Title 38 of the United States Code.

VA Mortgage Loan a Mortgage Loan secured by a First Mortgage which is guaranteed, or is eligible to be guaranteed by, and is covered by a binding commitment to guarantee of, the VA pursuant to the provisions of the Servicemen’s Readjustment Act of 1944, as amended.