Common use of Balloon Mortgage Loans Clause in Contracts

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 Investment Corp), Master Repurchase Agreement (Aames Financial Corp/De), Master Repurchase Agreement (Aames Financial Corp/De)

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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 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

Samples: Master Repurchase Agreement (WMC Finance Co)

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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)

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