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Common use of Loan Limits Clause in Contracts

Loan Limits. The original principal balance of each Loan Group 1 and Loan Group 3 Mortgage Loan is within Freddie Mac's dollar amount limits for conforming one- to four-famxxx xxxtgage loans. No Group 1 or Group 3 Mortgage Loan contains a first lien mortgage that, at origination, exceeded the applicable loan limits specified below. The current limits are as follows: --------------------------------------------------------------------- Number of Units Maximum Original Loan Amount of First Mortgage --------------------------------------------------------------------- Continental United Alaska, Guam, Hawaii or States or Puerto Rico ------------------------ Virgin Islands --------------------------------------------------------------------- 1 $417,000 $625,500 --------------------------------------------------------------------- 2 $533,850 $800,775 --------------------------------------------------------------------- 3 $645,300 $967,950 --------------------------------------------------------------------- 4 $801,950 $1,202,925 ---------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-4)

Loan Limits. The original principal balance of each Loan Group 1 and Loan Group 3 Mortgage Loan is within Freddie Mac's dollar amount limits for conforming one- to four-famxxx xxxtgage loansXxxtgage Loans. No Group 1 or Group 3 Mortgage Loan contains a first lien mortgage that, at origination, exceeded the applicable loan limits specified below. The current limits are as follows: --------------------------------------------------------------------- Number of Units Maximum Original Loan Amount of First Mortgage --------------------------------------------------------------------- Continental United Alaska, Guam, Hawaii or States or Puerto Rico ------------------------ Virgin Islands --------------------------------------------------------------------- 1 $417,000 $625,500 --------------------------------------------------------------------- 2 $533,850 $800,775 --------------------------------------------------------------------- 3 $645,300 $967,950 --------------------------------------------------------------------- 4 $801,950 $1,202,925 ---------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-8)

Loan Limits. The original principal balance of each Loan Group 1 and Loan Group 3 Mortgage Loan is within Freddie Xxxxxxx Mac's dollar amount limits for conforming one- to four-famxxx xxxtgage loansfamily Mortgage Loans. No Group 1 or Group 3 Mortgage Loan contains a first lien mortgage that, at origination, exceeded the applicable loan limits specified below. The current limits are as follows: --------------------------------------------------------------------- ----------------- ------------------------------------------------------------- Number of Units Maximum Original Loan Amount of First Mortgage --------------------------------------------------------------------- ----------------- ------------------------------ ------------------------------ Continental United States or Alaska, Guam, Hawaii or States or Puerto Rico ------------------------ Virgin Islands --------------------------------------------------------------------- ----------------- ------------------------------ ------------------------------ 1 $417,000 $625,500 --------------------------------------------------------------------- ----------------- ------------------------------ ------------------------------ 2 $533,850 $800,775 --------------------------------------------------------------------- ----------------- ------------------------------ ------------------------------ 3 $645,300 $967,950 --------------------------------------------------------------------- ----------------- ------------------------------ ------------------------------ 4 $801,950 $1,202,925 -------------------------------------------------------------------------------------- ------------------------------ ------------------------------

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-11)

Loan Limits. The original principal balance of each Loan Group 1 and Loan Group 3 I Mortgage Loan is within Freddie Mac's dollar amount limits for conforming one- to four-famxxx xxxtgage loans. No Group 1 or Group 3 I Mortgage Loan contains a first lien mortgage that, at origination, exceeded the applicable loan limits specified below. The current limits are as follows: --------------------------------------------------------------------- ---------------------------------------------------------------------- Number of Units Maximum Original Loan Amount of First Mortgage --------------------------------------------------------------------- --------------- ---------------------------------------------- ---------------------------------------------------------------------- Continental United Alaska, Guam, Hawaii or States or Puerto Rico ------------------------ Virgin Islands --------------------------------------------------------------------- ---------------------------------------------------------------------- 1 $417,000 $625,500 --------------------------------------------------------------------- ---------------------------------------------------------------------- 2 $533,850 $800,775 --------------------------------------------------------------------- ---------------------------------------------------------------------- 3 $645,300 $967,950 --------------------------------------------------------------------- ---------------------------------------------------------------------- 4 $801,950 $1,202,925 -------------------------------------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-2)

Loan Limits. The original principal balance of each Loan Group 1 and Loan Group 3 Mortgage Loan is within Freddie Mac's dollar amount limits for conforming one- to four-famxxx xxxtgage loansfaxxxx Xxrtgage Loans. No Group 1 or Group 3 Mortgage Loan contains a first lien mortgage that, at origination, exceeded the applicable loan limits specified below. The current limits are as follows: --------------------------------------------------------------------- Number of Units Maximum Original Loan Amount of First Mortgage --------------------------------------------------------------------- Continental United Alaska, Guam, Hawaii or States or Puerto Rico ------------------------ Virgin Islands --------------------------------------------------------------------- 1 $417,000 $625,500 --------------------------------------------------------------------- 2 $533,850 $800,775 --------------------------------------------------------------------- 3 $645,300 $967,950 --------------------------------------------------------------------- 4 $801,950 $1,202,925 ---------------------------------------------------------------------

Appears in 1 contract

Samples: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-8)