Equal Installments. The Contract, unless it is a Step-up Rate Contract or an Adjustable Rate Home Equity Contract, has a fixed Contract Interest Rate and provides for monthly payments (except, in the case of a Balloon Loan, for the final monthly payment of such loan) which fully amortize the loan over its term.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)
Equal Installments. The Contract, unless it is a Step-up Rate Contract or an Adjustable Rate Home Equity Contract, has a fixed Contract Interest Rate and provides for monthly payments (except, in the case of a Balloon Loan, for the final monthly payment of such loan) which fully amortize the loan over its term.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)
Equal Installments. The Contract, unless it is a Step-up Rate Contract or an Adjustable ------------------ Rate Home Equity Contract, has a fixed Contract Interest Rate and provides for monthly payments (except, in the case of a Balloon Loan, for the final monthly payment of such loan) which fully amortize the loan over its term.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)