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.

• The Lender shall comply, as to each FHA Mortgage Loan, with the National Housing Act, as amended and supplemented, all rules and regulations issued thereunder, and all administrative publications published pursuant thereto.

• Homebuyers are subject to FHA Mortgage Loan Credit standards, subject to revision by MFA.

• 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.

• Within fifteen (15) days of the date on which any FHA Mortgage Loan is transferred to the Liquidating Trust by a Debtor, such Debtor shall provide an electronic notice to HUD, which notice shall state that such FHA Mortgage Loan has been transferred to the FHA Qualified Trustee on behalf of the Liquidating Trust.

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. 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 FHA. “Freddie Mac” means the Federal Home Loan Mortgage Corporation. “FRM” means a fixed-rate residential 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 means a Mortgage Loan insured by FHA under the provisions of the National Housing Act, as amended, and which complies with the Trust Indenture.

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