Insured Loan definition

Insured Loan means the debt described on page 1 of this Certificate by the Insured Financed Amount over the Insurance Term in Months at the Interest Rate. If a) the Financed Amount is greater than the Insured Financed Amount or b) your Amortization Term is greater than your Insurance Term, the Insurance benefit may not pay the full outstanding balance of your financial obligation.

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Insured Loan means a Student Loan which is Insured.

Insured Loan means a Loan in respect of which a Loan Insurance Policy has been issued and is in effect;

Examples of Insured Loan in a sentence

• To the extent the Mortgagor with respect to a Radian PMI Insured Loan is delinquent, the Master Servicer shall advance the related Radian PMI Policy Fee as a Servicing Advance.

• The Master Servicer shall cooperate with Radian and shall use its best efforts to furnish all reasonable aid, evidence and information in the possession of the Master Servicer or to which the Master Servicer has access with respect to any Radian PMI Insured Loan.

• The Master Servicer shall cooperate with Radian and shall use its best efforts to furnish all reasonable aid, evidence and information in the possession of the Master Servicer or to which the Master Servicer has access with respect to any Radian Insured Loan.

• If such Student Loan is an Insured Loan, a Contract of Insurance is in full force and effect with respect thereto, the applicable Certificates of Insurance are valid and binding upon the parties thereto in all respects, Seller is not in default in the performance of any of its covenants and agreements made in respect thereof, and such Insurance is freely transferable as an incident to the sale of such Student Loan.

• For each Insured Loan originated, an FHA Approval Letter shall be obtained and all conditions for FHA approval met.

More Definitions of Insured Loan

Insured Loan means the debt described on page 1 of this Certificate by the Insured Financed Amount over the Insurance Term in Months at the Interest Rate.

Insured Loan means an Eligible Loan which is Insured.

Insured Loan means a loan that is insured or as to which a commitment for any such insurance has been made under the provisions of any state or federal law.

Insured Loan means the Loan for which an Insured Borrower is covered under this Policy.

Insured Loan means a student loan which is insured.

Insured Loan means any loan issued under the Program which has been insured under a Policy or an Additional Carrier Policy.

Insured Loan means a loan in respect of which an insurance policy issued under this Act is in force;