Examples of Conventional Mortgage Loan in a sentence
In the event that any payment due under any Conventional Mortgage Loan is not paid when the same becomes due and payable, or in the event the Mortgagor fails to perform any other covenant or obligation under the Mortgage Loan and such failure continues beyond any applicable grace period, the Servicer shall take such action as it shall deem to be in the best interest of the Certificateholders.
Properties located incounties that are not listed on Exhibit N are subject to the Conventional Mortgage Loan limits above.
The appraiser for the Mortgage Loan was duly licensed or certified under the applicable law where the Mortgage Loan was originated, and for each Government Mortgage Loan was acceptable to the FHA or VA, as applicable, and for each Conventional Mortgage Loan was acceptable to Xxxxxx Xxx, Xxxxxxx Mac and/or the Takeout Investor, as applicable.
Mortgages (5/1/19)68 The QC review of each Conventional Mortgage Loan that reaches EPD status is required, even if the Mortgage Loan has subsequently been brought current.
The Series 2019 Conventional Mortgage Loan was issued at a taxable, fixed interest rate of4.33 percent and matures in 2031.