Balloon Mortgage Loans. No Balloon Mortgage Loan has an original stated maturity of less than seven (7) years;
Balloon Mortgage Loans. No Mortgage Loan is a balloon mortgage loan that has an original stated maturity of less than seven (7) years.
Balloon Mortgage Loans. Each Balloon Mortgage Loan has an original term of not less than 7 years and which provides for level monthly payments based on a thirty (30) year amortization schedule and a final Monthly Payment substantially greater than the preceding Monthly Payments.
Balloon Mortgage Loans. Unless otherwise disclosed in the Offering Materials or the Mortgage Loan Schedule, no Mortgage Loan has a balloon payment feature. With respect to any Mortgage Loan with a balloon payment feature, the Mortgage Note is payable in Monthly Payments based on a thirty year amortization schedule and has a final Monthly Payment substantially greater than the proceeding Monthly Payment which is sufficient to amortize the remaining principal balance of the Mortgage Loan.
Balloon Mortgage Loans. No Mortgage Loan is a balloon mortgage loan that has an original stated maturity of less than [*]. (kkk)
Balloon Mortgage Loans. Except with respect to any Balloon Mortgage Loan, each Mortgage Loan is payable in monthly installments of principal and interest which would be sufficient, in the absence of late payments, to fully amortize such loan within the term thereof, beginning no later than 60 days after disbursement of the proceeds of the Mortgage Loan and bears a fixed or adjustable interest rate for the term of the Mortgage Loan. Each Balloon Mortgage Loan has an original term of not less than fifteen (15) years and which provides for monthly payments based on a thirty (30) year amortization schedule and a final Monthly Payment substantially greater than the preceding Monthly Payments;
Balloon Mortgage Loans. The Mortgage Loan is not a Balloon Mortgage Loan;
Balloon Mortgage Loans. No Balloon Mortgage Loan has an original stated maturity of less than seven (7) years. SCHEDULE IV Mortgage Pass-Through Certificates, Series 2006-WM1 Representations and Warranties as to the Responsible Party ---------------------------------------------------------- WMC Mortgage Corp hereby makes the representations and warranties set forth in this Schedule IV to the Depositor, the Servicer and the Trustee, as of February 28, 2006 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule IV shall have the meanings ascribed thereto in the WMC Purchase Agreement.
Balloon Mortgage Loans. No Balloon Mortgage Loan has an original stated maturity of less than seven (7) years. SCHEDULE VII Mortgage Pass-Through Certificates, Series 2005-HE1 Representations and Warranties as to WMC Mortgage Corp.
Balloon Mortgage Loans. If the Mortgage Loan is a Balloon Mortgage Loan, such Mortgage Loan together with all other Balloon Mortgage Loans subject to Transactions, does not exceed 20% of the aggregate Purchase Price;
