Lender fee definition

Lender fee means interest, points, finance charges, fees, and other charges payable in connection with the residential mortgage loan: (1) by the borrower to any residential mortgage originator or to any assignee of any residential mortgage originator; or (2) by the lender to a mortgage broker. Lender fee does not include recording fees, mortgage registration taxes, pass-throughs, or other amounts that are paid by any person to any government entity, filing office, or other third party that is not a residential mortgage originator or an assignee of a residential mortgage originator. Lender fee also does not include any amount that is set aside to pay taxes or insurance on any property securing the residential mortgage loan.
Lender fee means interest, points, finance charges, fees, and other charges payable in connection with the residential mortgage loan: (1) by the borrower to any residential mortgage originator or to any assignee of any residential mortgage originator; or (2) by the lender to
Lender fee has the meaning provided in Section 2.01(a).

Examples of Lender fee in a sentence

  • For purposes of the Application, the following will not be considered a source of financing: net operating income, capital contributions not documented in accordance with financing proposals that are not from a Regulated Mortgage Lender, fee waivers or any portion of any fees that are reimbursed by the local government.

  • For purposes of the Application, the following will not be considered a source of financing: net operating income, capital contributions not documented in accordance with financing proposals that are not from aRegulated Mortgage Lender, fee waivers or any portion of any fees that are reimbursed by the local government.

  • To eliminate redundancy, SBA proposes to strike the second sentence of this provision, which authorizes SBA to charge a PLP Lender fee to cover the costs of the PLP performance review.Subpart I—Lender Oversight.

  • Lender fee income During Q4 2015 and the Year, the Company received non-refundable lender fees of $0.7 million and $2.3 million (Q4 2014 – $0.4 million; 2014 – $1.7 million), or weighted average lender fees of 0.8% and 0.8% (Q4 2014 – 0.5%; 2014 – 0.6%).

  • Lender fee also does not include any amount that is set aside to pay taxes or insurance on any property securing the residential mortgage loan.Minn.


More Definitions of Lender fee

Lender fee. Limited Release Property"; "Loans"; "MAI"; "NACC Refinancing"; "Revolver Period"; "Revolving Credit Termination Date". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
Lender fee. That non-refundable commitment fee equal to one percent (1%) of the Loan amount, as described in the Loan Commitment.
Lender fee has the meaning assigned to such term in the Lender Fee Letter. “Lender Fee Letter” means each fee letter among the Administrative Agent, the Lenders party thereto and the Borrower, setting forth certain fees payable by the Borrower to one or more Lenders in connection with the transactions contemplated by this Agreement. “Lien” means any mortgage or deed of trust, pledge, hypothecation, collateral assignment, encumbrance, lien (statutory or other), charge or other security interest or arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale, lease or other title retention agreement, sale subject to a repurchase obligation and any financing lease having substantially the same economic effect as any of the foregoing); provided that “Lien” shall not include (x) in the case of investments that are loans or other debt obligations, customary restrictions on assignments or transfers thereof on customary and market based terms pursuant to the underlying documentation relating to such investment; and (y) in the case of investments that are equity securities, customary drag-along, tag-along, right of first refusal and other similar rights in favor of other equity holders of the same issuer that are applicable to such equity securities. “Lien Release Dividend” has the meaning assigned to that term in Section 2.07(g). “Lien Release Dividend Date” means the date specified by the Borrower, which date may be any Business Day, provided written notice is given in accordance with Section 2.07(g). “Liquidation Expenses” means, with respect to any Collateral Asset, the aggregate amount of all out-of-pocket expenses reasonably incurred by the Collateral Manager (including
Lender fee means an amount equal to $650,000.
Lender fee means interest, points, finance charges, fees, and other charges payable in connection with the residential mortgage loan: (1) by the borrower to any residential mortgage originator or to any assignee of any residential mortgage originator; (2) by the borrower to any third party that is not a residential mortgage originator or an assignee of a residential mortgage originator for appraisal, title insurance, or closing services, except for the cost
Lender fee means the percentage of the Loan amount charged by the Corporation to a Borrower to process, approve and provide a Loan to a Borrower. The Lender Fee will be deducted from the Loan proceeds advanced to the Borrower. A Lender Fee may be charged on personal and/or corporate Loans. Lender Fees will be determined by the amount of available funds the Corporation has to utilize, the situation and circumstances of the Borrower including the Borrower’s ability to repay the Loan.