Common use of CONVENTIONAL LOAN Clause in Contracts

CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 obtaining: (a)  fixed  adjustable or  other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 % of the Purchase Price, (c) at an interest rate  at prevailing rates and terms  not to exceed 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.

Appears in 1 contract

Samples: Contract to Purchase

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CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 31 obtaining: (a)  fixed  adjustable or  other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 32 % of the Purchase Price, (c) at an interest rate  at prevailing rates and terms  not to exceed 35 33 _%, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.

Appears in 1 contract

Samples: Contract to Purchase Vacant Land

CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 obtaining: (a)  fixed  adjustable or  other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 % of the Purchase Pricepurchase price, (c) at an interest rate  at prevailing rates and terms  not to exceed 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.

Appears in 1 contract

Samples: Contract to Purchase

CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 35 obtaining: (a) fixed adjustable or other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 36 % of the Purchase Price, (c) at an interest rate at prevailing rates and terms not to exceed 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.,

Appears in 1 contract

Samples: Contract to Purchase Vacant Land

CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 36 obtaining: (a)  fixed  adjustable or  other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 37 % of the Purchase Price, (c) at an interest rate  at prevailing rates and terms  not to exceed 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.,

Appears in 1 contract

Samples: Contract to Purchase

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CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and 33 obtaining: (a) fixed adjustable or other first mortgage loan on the Real Estate, (b) in an amount not to exceed 34 % of the Purchase Pricepurchase price, (c) at an interest rate at prevailing rates and terms not to exceed 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer.

Appears in 1 contract

Samples: Contract to Purchase

CONVENTIONAL LOAN. The Buyer's obligation to close this transaction is contingent upon Buyer applying for and    33 obtaining: (a) fixed adjustable or other first mortgage loan on the Real Estate, (b) in an amount not to exceed ____________   34 % of the Purchase Price, (c) at an interest rate at prevailing rates and terms not to exceed ____________ _________________ 35 %, (d) for a term of not less than years or at a higher rate or shorter term agreeable to Buyer..  

Appears in 1 contract

Samples: Contract to Purchase

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