Common use of No Graduated Payments Clause in Contracts

No Graduated Payments. The Mortgage Loan is not a graduated payment mortgage loan and does not have a shared appreciation feature.

Appears in 3 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp), Mortgage Loan Purchase and Servicing Agreement (New Century Financial Corp)

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No Graduated Payments. The Mortgage Loan is not a graduated payment nonprime mortgage loan and does not have a shared appreciation or other contingent interest feature.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Servicing Agreement (Accredited Home Lenders Holding Co)

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