Common use of Single Premium Credit Insurance Clause in Contracts

Single Premium Credit Insurance. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan, and no proceeds from any Mortgage Loan were used to finance single-premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

Single Premium Credit Insurance. No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan, and no ; None of the proceeds from any of the Mortgage Loan were used to purchase or finance single-premium credit life or disability insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loanany comparable insurance;