Interest to interest adjustment date. You must pay the interest accrued from the day we make the advance or first advance to the day before the interest adjustment date. You must pay this interest on the interest adjustment date, or we can choose to collect this interest: By charging it to your mortgage funding account at any time during the month following the month in which we make the advance. By charging it monthly to your mortgage funding account (if we advance the loan or part of it more than a month before the interest adjustment date). By using part of the loan. By asking you to pay it when you pay the first instalment.
Appears in 4 contracts
Samples: Residential Mortgage, Residential Mortgage, Residential Mortgage
Interest to interest adjustment date. You must pay the interest accrued from the day we make the advance or first advance to the day before the interest adjustment date. You must pay this interest on the interest adjustment date, or we can choose to collect this interest: • By charging it to your mortgage funding account at any time during the month following the month in which we make the advance. • By charging it monthly to your mortgage funding account (if we advance the loan or part of it more than a month before the interest adjustment date). • By using part of the loan. • By asking you to pay it when you pay the first instalment.
Appears in 2 contracts
Samples: Residential Mortgage, Residential Mortgage
Interest to interest adjustment date. You must pay the interest accrued from the day we make the advance or first advance to the day before the interest adjustment date. You must pay this interest on the interest adjustment date, or we can choose to collect this interest: By charging it to your mortgage funding account at any time during the month following the month in which we make the advance. By charging it monthly to your mortgage funding account (if we advance the loan or part of it more than a month before the interest adjustment date). By using part of the loan. By asking you to pay it when you pay the first instalment.
Appears in 2 contracts
Samples: Residential Mortgage, Residential Mortgage
Interest to interest adjustment date. You must pay the interest accrued from the day we make the advance or first advance to the day before the interest adjustment date. You must pay this interest on the interest adjustment date, or we can choose to collect this interest: • By charging it to your mortgage funding account at any time during the month following the month in which we make the advance. • By charging it monthly to your mortgage funding account (if we advance the loan or part of it more than a month before the interest adjustment date). • By using part of the loan. • By asking you to pay it when you pay the first instalment.
Appears in 1 contract