Closed Loan definition

Closed Loan means a Loan that was owned by a PFI prior to the sale of the Loan to a FHLB under the MPF Program.
Closed Loan means a Mortgage Loan that will be purchased by the Company from a third party originator with the Advance requested against it.
Closed Loan means a Mortgage Loan closed prior to the Closing Date.

Examples of Closed Loan in a sentence

  • Under this scenario, a copy of the Certificate of Title or MCO must be included in the Underwriting Submission package and the commitment will be conditioned to receive the original Certificate of Title or MCO with the Closed Loan package.

  • For loans closed by the Purchase Method, execute this form and enclose in the order indicated on the Closed Loan Submission form.

  • The THDA Closed Loan Transmittal lists the documents that must be provided to THDA with each closed loan file.

  • A completed THDA Closed Loan Submission Checklist must be used as the cover sheet when submitting closed loan files to THDA.

  • The Closed Loan Submission Package must include the Closing Disclosure (CD).


More Definitions of Closed Loan

Closed Loan means a consumer-purpose, closed-end residential mortgage loan (a) that is closed and funded in accordance with Applicable Requirements, in the period in which the Commission is calculated; and (b) that is not unfunded, cancelled or rescinded for any reason within five (5) days after settlement.
Closed Loan means a loan that is originated by the Division and underwritten and funded by Ameris.
Closed Loan means any Loan that a Funding Provider has funded as evidenced by making an initial payment to Participant and/or on behalf of Participant to any equipment manufacturer, distributor or other specified designee(s).
Closed Loan means any loan covered by the Redress Program that is not an Open Loan or a Sold Loan. Whether a loan is a Closed Loan for redress purposes shall be determined by the Redress Program Administrator at the time that redress is to be distributed to Class Members, from updated loan data provided pursuant to Section XII below.
Closed Loan means any loan that Mosaic has funded as evidenced by making an initial payment to Dealer minus any applicable Seller’s Points and any Additional Disbursements in accordance with the payment terms of Section 6 and Exhibit D.
Closed Loan means the acquisition by a Consumer of automobile financing based through the Co-Branded Service by means of a completed Financing Submission.
Closed Loan means a Covered Loan that has been funded by Creditor and recorded within the current month. Loans will be considered closed as of the recordation date.