FHA Loan definition

FHA Loan means a Loan that is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate.

Examples of FHA Loan in a sentence

  • Each FHA Loan and VA Loan was originated in accordance with the criteria of an Agency for purchase of such Mortgage Loans.

  • In the event that any payment due under any FHA Loan becomes delinquent, the Servicer shall take all such actions as are in the best interests of the Certificateholders and permitted under any applicable FHA loss mitigation proceedings, including, but not limited to, requesting the FHA to accept an assignment of such FHA Loan, and, upon the Servicer's determination that foreclosure is in the best interest of the Certificateholders, commencing foreclosure proceedings.

  • Nothing in this Agreement, however, shall be deemed to create a transfer of an FHA Loan in violation of Title I or the FHA Regulations.

  • The origination and collection practices used by the originator, each servicer of the Mortgage Loan and the Seller with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper and each FHA Loan, RHS Loan and VA Loan has been serviced in accordance with all FHA, RHS and VA policies and regulations, as applicable.

  • The Seller will maintain the FHA insurance on any FHA Loan, the Rural Housing Service Guaranty on any RHS Loan and the VA guaranty on any VA Loan, including without limitation, the payment of any premium owed thereunder.


More Definitions of FHA Loan

FHA Loan means a Single-family Mortgage Loan, payment of which is partially or completely insured by the FHA under the National Housing Act or Title V of the Housing Act of 1949 or with respect to which there is a current, binding and enforceable commitment for such insurance issued by the FHA.
FHA Loan means a loan made, insured, purchased, subsidized or guaranteed by the Federal Housing Administration;
FHA Loan. A Mortgage Loan that is partially insured by the FHA under Title I.
FHA Loan means a Loan that is eligible to be the subject of an FHA Mortgage Insurance Contract.
FHA Loan means a Loan that is insured, or is eligible and intended to be insured, by the FHA.
FHA Loan means a Mortgage Loan insured by the FHA.
FHA Loan. A Mortgage Loan which is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate. FHA Regulations: Regulations promulgated by HUD under the National Housing Act, codified in 24 Code of Federal Regula­tions, and other HUD issuances relating to FHA Loans, including the related Handbooks, Circulars, Notices and Mortgagee Letters. FHLMC: Federal Home Loan Mortgage Corporation or any successor thereto.