Government Loans definition

Government Loans means loans which are made by Federal, State, county or city agencies which are authorized by law to make such loans.

Government Loans means loans made by federal, State, county or city agencies authorized to make such loans.

Government Loans means an Agency Eligible Loan that is an FHA Loan, VA Loan, USDA Loan or RHS Loan.

Examples of Government Loans in a sentence

• In addition to complying with all MPF Program and applicable Government Agency requirements for Government Loans, Government MBS Mortgage Loans must meet the following criteria:• No more than twelve (12) Principal and Interest Payments have been applied to the Mortgage Loan from the original Note date; and• The most recent payment due from the Borrower cannot be past due:o For scheduled/scheduled remittance type, Mortgage Loans must be current through the end of the month prior to delivery to the MPF Bank.

• For Government Loans, the Selling PFI must obtain the Final Certification by submitting to the MPF Program Custodian the original (or electronic) applicable Government Agency mortgage insurance certificate or loan guaranty as required in the MPF Guides.

• Government Agency Eligibility‌ In order to be eligible to originate and sell Government Loans to, and service them for, the MPF Bank, in addition to the above requirements, the Originator, PFI, or Servicer must also be authorized to originate, sell, or service mortgage loans by the applicable Government Agency.

• Release of Servicing and Loan Funding for Conventional & Government Loans: IDAHO HOUSING AND FINANCE ASSOCIATION This section relates to servicing transfers for loans delivered to Idaho Housing and Finance Association such as: a.

• Government Loans‌ To maintain eligibility to sell and/or service Government Loans under the MPF Program, entities must be in compliance with the Guides and all eligibility requirements set forth in their Applicable Agreements, unless a written waiver was granted by the MPF Bank, in addition, to any other requirements established by the applicable Government Agency.

More Definitions of Government Loans

Government Loans means any amounts owed by with respect to obligations for borrowed money under the Paycheck Protection Program established by the CARES Act or any other loan or liquidity program authorized by the CARES Act or any other state or federal relief program.

Government Loans. Must be eligible for sale through the Government National Mortgage Association's Mortgage Backed Security program. All loans must have the required insurance certificate from the VA or FHA as required. Seller will be responsible for providing all documents necessary for initial and final certification of the pools. All loans sold will not be 30 days or greater delinquent prior to the receipt of the first payment. All loan documents will be received in a timely manner. EXHIBIT "D" FORM OF SECRETARY'S CERTIFICATE ------------------------------- EXHIBIT "E" FORM OF OPINION OF COUNSEL -------------------------- GMAC Mortgage Corporation 100 Xxxxxx Xxxx Xxxxxxx, PA 19044-0963 Dear Sirs: You have requested my opinion, as counsel to E-LOAN, INC., a Massachusetts corporation (the "Seller"), with respect to certain matters in connection with the sale by the Seller pursuant to that certain GMAC Mortgage Corporation Seller's Agreement, dated as of ______, 199_ (the "Purchase and Sale Agreement") between you and the Seller, of certain Mortgage Loans as defined in the Purchase and Sale Agreement. Capitalized terms not otherwise defined herein have their respective meanings set forth in the Purchase and Sale Agreement. I have examined the following documents:

Government Loans means moneys lent out of the Consoli-

Government Loans means the loans listed on Schedule 1.01A as in effect on the date hereof.

Government Loans shall have the meaning set forth in the recitals.

Government Loans means loans made by the Guarantor to DBM from time to time for the purpose of financing the operations of DBM and subordinated to all other debt for the purpose of liquidation.

Government Loans shall have the meaning assigned to such term in Section 6.01(aa).