Home Loan Interest Rate definition

Home Loan Interest Rate. The fixed annual rate of interest borne by a Debt Instrument, as shown on the related Home Loan Schedule as the same may be modified by the Servicer in accordance with Section 4.01(c) or 4.10 hereof.
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Home Loan Interest Rate. The annual rate of interest borne by a Debt Instrument, as shown on the related Home Loan Schedule.
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Home Loan Interest Rate. The fixed annual rate of interest borne by a Debt Instrument, as shown on the related Home Loan Schedule (not including any amounts payable as premium for FHA Insurance with respect to Invoiced Loans).
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Examples of Home Loan Interest Rate in a sentence

  • In connection with any assumption or substitution agreement entered into pursuant to this Section 7.01, the Servicer shall not change the Home Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Home Loan.

  • Each Debt Instrument is payable in monthly installments of principal and interest, with interest payable in arrears, and requires a monthly payment which is sufficient to amortize the original principal balance over the original term and to pay interest at the related Home Loan Interest Rate.

  • In connection with any assumption or substitution agreement entered into pursuant to this Section 7.01(c) hereof, the Servicer shall not change the Home Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Home Loan.

  • The Debt Instruments related to approximately ______% of the Home Loans bear a fixed Home Loan Interest Rate.

  • The Debt Instrument related to approximately ______ % of the Home Loans bear an adjustable Home Loan Interest Rate ("ARMs").

  • The Debt Instruments related to approximately ______ % of the Home Loans bear a fixed Home Loan Interest Rate.

  • All of the Debt Instruments for the Pool 1 Loans bear a fixed Home Loan Interest Rate.

  • All of the Debt Instruments for the Pool 2 Loans and Pool 3 Loans bear an adjustable Home Loan Interest Rate ("ARMs").

  • The Debt Instrument related to approximately ______ % of the Home Loans bear a fixed Home Loan Interest Rate.

  • The Debt Instruments related to approximately % of the Home Loans bear a fixed Home Loan Interest Rate.


More Definitions of Home Loan Interest Rate

Home Loan Interest Rate. The fixed annual rate of interest borne by a ----------------------- Debt Instrument, as shown on the related Home Loan Schedule as the same may be modified by the Servicer in accordance with Section 4.01(c) hereof. --------------- Home Loan Pool: The pool of Home Loans. -------------- Home Loan Purchase Agreement: The home loan purchase agreement between ---------------------------- the Transferor, EFC Securitized Assets, L.C., and the Depositor, dated as of March 1, 1997.
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