Primary Resident. At the time of origination of the Contract the Obligor was the primary resident of the related Manufactured Home.
Primary Resident. At the time of origination of the Contract the Obligor was the primary resident of the related Manufactured Home. In the case of the "Buy For" program, the Obligor has purchased the Manufactured Home for the primary resident. The "Buy For" program loans represent 300 Contracts and 4.28% of the Cut-off Date Principal Balance of the Contracts as of the Cut-off Date.
Primary Resident. At the time of origination of the Home Improvement Loan, the obligor was the primary resident of the related real property.
Primary Resident. At the time of origination of each Contract, to the knowledge of Seller based on information provided by the Obligor, the Obligors of not less than ninety percent (90%) of the original principal balance of the Contracts were the primary residents of the related Manufactured Home.
Primary Resident. A primary resident is defined as a permanent single – family home with normal occupancy on a permanent year – round basis, and is constructed or placed on and permanently affixed to foundation. The primary residence must be located on property owned by the Customer. If the structure is a trailer home or manufactured home it must be anchored to a foundation with the axles and towing attachments removed. The structure must be connected to a public sewer or approved on-site septic system and an external potable water supply furnished by a water utility or a privately owned water well. See 370.23 permanent installation.
Primary Resident. At the time of origination of the MH Contract the obligor was the primary resident of the related manufactured home or the primary resident was the child of the obligor.
