Mortgage transaction definition

Mortgage transaction means a transaction by the terms of which the repayment of money loaned or payment of real property sold is to be made at a future date or dates.
Mortgage transaction means a transaction by the terms of which the repayment of
Mortgage transaction means a loan or consumer credit sale that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage or other equivalent consensual security interest on a dwelling or residential real estate upon which is constructed or intended to be constructed a dwelling.

Examples of Mortgage transaction in a sentence

  • Rent payments are $500,000 x 8.00% = $40,000 / 365 days = $109.58 daily rate x 20 days = $2,191.78 total rent due (typically paid at closing as part of the Cherry Creek Mortgage transaction).

  • The average monthly payment made by borrowers in our sample is $925.In what follows we present five key features that characterize shopping behavior and outcomes in the Canadian mortgage market and most negotiated-price markets:Feature 1: Mortgage transaction rates are dispersed.

  • Neither the Seller nor any of the Seller’s affiliates have entered into an agreement, formal or informal, with the Mortgagor during the initial origination process of the Mortgage to refinance the Mortgage at some future date as an inducement for the Mortgagor to enter into the original Mortgage transaction.

  • In addition to the cases referred to in Paragraph 1 or 2 when the Cash Receipt Method is taken, there may be cases where the receiver is able to receive payment in a currency other than the Payout Currency or in any form other than cash under a separate transaction between the receiver and the Payment Center, but such transactions shall be conducted at the receiver’s own responsibility.

  • Mortgage transaction is the most important single source of funding property development in the developed world.


More Definitions of Mortgage transaction

Mortgage transaction means a transaction in which a first
Mortgage transaction means a loan or consumer credit sale in
Mortgage transaction means (a) one or more transactions in existence as of the Effective Date (i) pursuant to which (x) the Borrower and/or a Subsidiary thereof sold for fair consideration all or a portion of the Subject Assets to a SPE, (y) the Borrower and/or its
Mortgage transaction means a settlement transaction involving a Mortgage from the Current Owner of Record, encumbering the real property which is the subject of the Notice of Settlement, and may include (i) a refinancing of an existing mortgage, (ii) an home equity, (iii) a line of credit, (iv) a construction loan or (v) other financing to be secured by a Mortgage on the real property. A “Mortgage Transaction” herein does not include a Conveyance Transaction as defined herein.
Mortgage transaction means a transaction in which a first mortgage or a land contract which constitutes a first lien is created or retained against land.
Mortgage transaction means a loan or consumer credit sale that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage, land contract, or other equivalent consensual security interest on a dwelling or residential real estate.
Mortgage transaction means (a) one or more transactions in existence as of the Effective Date (i) pursuant to which (x) the Borrower and/or a Subsidiary thereof sold for fair consideration all or a portion of the Subject Assets to a SPE, (y) the Borrower and/or its Subsidiaries leased from such SPE the Subject Assets which were sold to such SPE, as contemplated by clause (x) above, and (z) none of the Borrower and its Subsidiaries (other than such SPE) have entered into any Guarantee in respect of any of the obligations of such SPE and (ii) in respect of which the aggregate annual rentals and other payments (exclusive of property taxes, property and liability insurance premiums and maintenance costs) shall not exceed the annual mortgage payments payable by the SPEs to unaffiliated third parties and (b) any Replacement Mortgage Transaction.