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.
Appears in 5 contracts
Samples: Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Investment Corp), Master Repurchase Agreement (Aames Financial Corp/De)
Balloon Mortgage Loans. Each Balloon Mortgage Loan has an original term of not less than 7 seven (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.
Appears in 2 contracts
Samples: Master Repurchase Agreement (Fieldstone Investment Corp), Master Repurchase Agreement (Fieldstone Investment Corp)
Balloon Mortgage Loans. Each Balloon Mortgage Loan has an original term of not less than 7 fifteen (15) 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.;
Appears in 1 contract
Samples: Master Repurchase Agreement (Aames Financial Corp/De)
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 monthly payment substantially greater than the preceding Monthly Paymentsmonthly payments.
Appears in 1 contract
