Original Loan Balance definition

Original Loan Balance. As to any Mortgage Loan, the original principal amount of such Mortgage Loan outstanding on the date such loan was made.
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Original Loan Balance. With respect to each Note, the Loan Balance of such Note or the mortgage note relating to a Senior Lien, as the case may be, on the date of origination thereof.
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Original Loan Balance means the principal balance of the Loan which would have been outstanding on a single Original Payment Date if there had been no prepayment.
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Examples of Original Loan Balance in a sentence

  • Appraisal Value, Original Loan Balance, and Authorized Amount are determined or assessed as of the most recent advance in accordance with the underwriting policies (whether upon origination or renewal of the Eligible Loan, or subsequently thereto).

  • CMLTI 2005-8 Number of Mortgage Loans: Aggregate Original Principal Balance: Aggregate Current Principal Balance: Average Original Loan Balance: Average Current Loan Balance: Percent of Interest Only Loans: 1st Lien: Percent with Prepayment Penalty: Wtd.

  • We compared the Recomputed Original Loan Balance to the “original_loan_amount_less_ rop” field in the Data File.

  • Appraisal Value, Original Loan Balance, and Authorized Amount are determined or assessed as of the most recent advance in accordance with the underwriting policies (whether upon origination of the Eligible Loan, or subsequently thereto).

  • Ratio representing the sum of the Original Loan Balance plus Original Senior Lien Amount to the Original Appraised Value 85.23 Original Appraised Value Appraised value at time of application.

  • We compared the Recomputed Original Loan Balance to the "original_loan_amount_less_ rop" field in the Data File.

  • Due period ended: August 1, 1998 Total Class 1A Class R ----- -------- ------- 29 Loans Outstanding - BOM 3215 30 Original Loan Balance 207,251,557.89 207,251,557.89 0.00 31 Pre-Funding Account Balance 60,121,952.97 60,121,952.97 0.00 32 Initial Overcollateralization 3,787,044.44 3,787,044.44 0.00 33 Realized Losses, LTD 0.00 0.00 0.00 34 Carryforward Amount 0.00 0.00 35 Aggregate Unpaid Principal Balance of Delinquent 0.00 Loans Repurchased per Sec.

  • One such Note Component (“Note Component A-1”) evidences the Original Loan Balance, and one such Note Component (“Note Component A-2”) evidences the Restatement Date Advance Amount.

  • Any such mandatory prepayment shall be applied to reduce the Adjusted Original Loan Balance (as defined in the Term Notes) with the effect of reducing the scheduled principal installments of the Term Loan thereafter becoming due and payable.

  • Text ------------------------------------------------------------------------------------------------------------------------------ Original Loan To Value Ratio Ratio representing the Original Loan Balance to the lower of the Original Appraised Value or Original Purchase Price.


More Definitions of Original Loan Balance

Original Loan Balance means, with respect to any Receivable, the original principal balance of the Receivable as of the date of origination.
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Original Loan Balance. XX Transfer Loan Balance: XX Current Loan Balance: XX Past Due Interest: XX Net Loan Collection Expenses to Date: XX Current P&I Payment: XX Interest Paid to Date: XX Number of Days Past Due: XX Last Amount Received: XX Maturity Date: XX Mortgage Interest Rate: XX Group Number (Sub-Pool Number): XX Servicing Transfer Date: XX Servicing Transfer Type: XX Performing/Non-Performing Status: XX Recourse: XX
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Original Loan Balance. As to any Mortgage Loan, the original principal amount of such Mortgage Loan outstanding on the date such loan was made. Original Pre-Funded Amount: $57,744,845.
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Related to Original Loan Balance

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Maximum Revolving Advance Amount means $35,000,000.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.