Loan Guaranty Certificate definition

Loan Guaranty Certificate means, with respect to any VA Loan, the physical or electronic certificate evidencing the VA Loan Guaranty Agreement.
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Loan Guaranty Certificate. The certificate evidencing a VA Guaranty Agreement.
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Loan Guaranty Certificate. The original Loan Guaranty Certificate, if applicable.
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Examples of Loan Guaranty Certificate in a sentence

  • 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.

  • With respect to any VA Renovation Loan, a VA approved appraiser has issued a “Notice of Value” and completed the final inspection of the Mortgaged Property and the Loan Guaranty Certificate has been issued.

  • 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, 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.

  • A Loan Guaranty Certificate issued by the VA as a guarantee that the federal government will repay to the lender a specified percentage of the loan balance in the event of the borrower’s default.

  • The original Loan Guaranty Certificate, if applicable, or a true and correct hard or electronic copy thereof, or commercially reasonable proof thereof.

  • With respect to any [***], a [***] appraiser has issued a “Notice of Value” and completed the final inspection of the Mortgaged Property and the Loan Guaranty Certificate has been issued.

  • With respect to any [***], a [***] has issued a “Notice of Value” and completed the final inspection of the Mortgaged Property and the Loan Guaranty Certificate has been issued.

  • 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.

  • Neither the operation of any of the terms of any Mortgage or Mortgage Note, nor the exercise of any right thereunder, will render the Mortgage or Mortgage Note unenforceable, in whole or in part, or with respect to FHA Loans, impair an Investor’s ability to collect full insurance benefits under the FHA Mortgage Insurance Contract, without indemnity to HUD, or, with respect to VA Loans, impair an Investor’s ability to collect full value under the Loan Guaranty Certificate upon the Mortgagor’s default.


More Definitions of Loan Guaranty Certificate

Loan Guaranty Certificate. The original Loan Guaranty Certificate, if applicable. . For each Mortgage Loan secured by Co-op Shares, the originals of the following documents or instruments:
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Related to Loan Guaranty Certificate

  • 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;

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

  • 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:

  • Delay Certificates As specified in the Preliminary Statement.

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

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

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

  • 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.

  • 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 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.

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

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

  • Note Certificate means a certificate issued to each Registered Holder in respect of its registered holding of Notes;

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