FHA Mortgage Loan definition

FHA Mortgage Loan means an FHA-insured Mortgage Loan included in the Pledged Loans.

FHA Mortgage Loan means a Mortgage Loan that is the subject of an FHA Mortgage Insurance Contract.

FHA Mortgage Loan. At any time, any Mortgage Loan that is subject to FHA Insurance and eligible for reimbursement thereunder. FHA Regulations: Regulations promulgated by HUD under the Housing Act, codified in 24 Code of Federal Regulations, and other HUD issuances relating to mortgage loans insured by the FHA, including, without limitation, related handbooks, circulars, notices and mortgagee letters. FHA/VA Claim Proceeds: Either (i) the amount of insurance proceeds received from the FHA under FHA Insurance in the event of a default with respect to an FHA Mortgage Loan or (ii) the amount of proceeds received from the VA under a VA Guaranty in the event of a default with respect to a VA Mortgage Loan. FHLMC: The Federal Home Loan Mortgage Corporation.

Examples of FHA Mortgage Loan in a sentence

• The new FHA Mortgage Loan can include the outstanding principal balance (from the payoff statement) plus odd day’s interest, minus the applicable refund of the UFMIP, plus the new UFMIP, up to a maximum amount of 97.75% of the original appraised value.

• With respect to each FHA Mortgage Loan and each VA Mortgage Loan, the applicable Policy is in full force and effect, and there exists no defense or impairment to full recovery thereunder to the maximum extent provided thereby, without, in the case of any FHA Mortgage Loan, indemnity to HUD or FHA.

• Any FHA Mortgage Loan underwritten using Loan Product Advisor must comply with the following requirements:• Loan Product Advisor Mortgage Files must include:o Loan Product Advisor Feedback Certificate;o All documents as indicated by the Loan Product Advisor Feedback Certificate, including all conditions.Any FHA Mortgage Loan, except a Streamline Refinance and assumption, must be scored through TOTAL Mortgage Scorecard.

• One teacher appreciated that when the school was developing, it asked the community what it wanted from a school instead of coming in and telling the community what the school was going to do.

• For each FHA Mortgage Loan, Financial Institution shall obtain an FHA Approval by UCB and cause all conditions for the FHA mortgage approval to be met.

More Definitions of FHA Mortgage Loan

FHA Mortgage Loan means a Mortgage Loan that is secured by a first lien on land and the Single Family Residence constructed thereon and is insured by FHA.

FHA Mortgage Loan means a mortgage loan that is insured by FHA. “Freddie Mac” means the Federal Home Loan Mortgage Corporation. “FRM” means a fixed-rate residential mortgage loan.

FHA Mortgage Loan. Not applicable. FHA Regulations: Regulations promulgated by HUD under the Housing Act, codified in 24 Code of Federal Regulations, and other HUD issuances relating to mortgage loans insured by the FHA, including, without limitation, related handbooks, circulars, notices and mortgagee letters. FHA/VA Claim Proceeds: Either (i) the amount of insurance proceeds received from the FHA under FHA Insurance in the event of a default with respect to an FHA Mortgage Loan or (ii) the amount of proceeds received from the VA under a VA Guaranty in the event of a default with respect to a VA Mortgage Loan.

FHA Mortgage Loan means a Mortgage Loan that is insured by the FHA.

FHA Mortgage Loan a Mortgage Loan secured by a First Mortgage which is insured, or is eligible to be insured by, and is covered by a binding commitment of, the FHA pursuant to the provisions of the National Housing Act, as amended.

FHA Mortgage Loan. A Mortgage Loan that has a MIC issued by HUD/FHA.

FHA Mortgage Loan means a Mortgage Loan insured by FHA under the provisions of the National Housing Act, as amended, and which complies with the Trust Indenture.