Common use of No Construction Loans Clause in Contracts

No Construction Loans. The Mortgage Loan was not made in connection with (a) the construction or rehabilitation of a Property or (b) facilitating the trade-in or exchange of a Property.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Amresco Residential Secs Corp Mort Loan Trust 1998-3), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1998-2), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mort Loan Trust 1998-1)

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No Construction Loans. The Mortgage Loan was not made in connection with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property.

Appears in 1 contract

Samples: Loan Purchase Agreement (Westmark Group Holdings Inc)

No Construction Loans. The Mortgage Loan was not made in connection with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property, EXCEPT AS DISCLOSED TO BUYER.

Appears in 1 contract

Samples: Bulk Continuing Loan Purchase Agreement (Austin Funding Com Corp)

No Construction Loans. The Mortgage Loan was not made in connection --------------------- with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property.

Appears in 1 contract

Samples: Continuing Loan Purchase Agreement (United Panam Financial Corp)

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No Construction Loans. The Mortgage Loan was not made in connection with (a) the construction or rehabilitation of a Property or (b) facilitating the trade-in or exchange of a Mortgaged Property or (b) the construction or rehabilitation of a Mortgaged Property.;

Appears in 1 contract

Samples: Master Repurchase Agreement (Hanover Capital Mortgage Holdings Inc)

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