Examples of Mortgage Insurance Premium Rate in a sentence
The upfront premium is calculated as follows: Upfront Premium Payment = Origination Amount before upfront premium * Mortgage Insurance Premium Rate (%) In practice, the FHA offers a premium finance program to those qualified for mortgage insurance.
The upfront premium is assumed to be paid fully at the mortgage origination date and the amount is calculated as follows: Upfront Premium Payment =Origination Amount before upfront premium * Mortgage Insurance Premium Rate (%) In practice, FHA offers a premium finance program to those qualified for mortgage insurance.
The weighted average Mortgage Insurance Premium Rate for each of the Covered Mortgage Loans under the Mortgage Insurance Policy is 2.214% per annum.
The “Expense Fee Rate” with respect to each Mortgage Loan is equal to the sum of (i) the Servicing Fee Rate, (ii) the trustee fee rate as provided in the Pooling and Servicing Agreement, (iii) with respect to a Covered Mortgage Loan, the Mortgage Insurance Premium Rate and (iv) with respect to any Mortgage Loan covered by a lender paid mortgage insurance policy (other than the Mortgage Insurance Policy), the related mortgage insurance premium rate.
No party shall be liable for any failure to perform its obligations in connection with any action described in this Agreement, if such failure results from any act of God, riot, war, civil unrest, flood, earthquake, or other cause beyond such party's reasonable control (including any mechanical, electronic, or communications failure, but excluding failure caused by a party's financial condition or negligence).