Mortgage Interest Rate definition

Mortgage Interest Rate. The annual rate of interest borne on a Mortgage Note.
Mortgage Interest Rate. For any Mortgage Loan, the per annum rate at which interest accrues on such Mortgage Loan pursuant to the terms of the related Mortgage Note.
Mortgage Interest Rate means the Mortgage Interest Rate set forth in the Mortgage Loan Schedule with respect to each of Note A-1 and Note A-2.

Examples of Mortgage Interest Rate in a sentence

  • F-6 principal amount of the Mortgage Loan, subject only to the exceptions contained in clauses (i), (ii) and (iii) of paragraph (m) of this Schedule 1, and in the case of adjustable rate Mortgage Loans, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment to the Mortgage Interest Rate and Monthly Payment.

  • The Mortgage Interest Rate for the Conforming Mortgage Loan as set forth on the Mortgage Loan Schedule is net of any such insurance premium.


More Definitions of Mortgage Interest Rate

Mortgage Interest Rate. The annual rate of interest borne on a Mortgage Note, after giving effect to any applicable Relief Act Reduction.
Mortgage Interest Rate. The annual rate at which interest accrues from time to time on any Mortgage Loan pursuant to the related Mortgage Note, which rate is equal to the "Mortgage Interest Rate" set forth with respect thereto on the Mortgage Loan Schedule.
Mortgage Interest Rate. As to any Mortgage Loan, the per annum rate at which interest accrues on the unpaid principal balance thereof as set forth in the related Mortgage Note, which rate is as indicated on the Mortgage Loan Schedule.
Mortgage Interest Rate means the rate of interest borne on a Mortgage Loan from time to time in accordance with the terms of the related Mortgage Note.
Mortgage Interest Rate. The annual rate of interest borne on a Mortgage Note. With respect to ARM Mortgage Loans, the Mortgage Interest Rate shall be adjusted from time to time in accordance with the provisions of the Mortgage Note.
Mortgage Interest Rate. The annual rate of interest borne by a Mortgage Note as stated therein.
Mortgage Interest Rate means the Mortgage Interest Rate set forth in the Mortgage Loan Schedule with respect to each of Note X-0, Xxxx X-0, Note A-3-1, Note A-3-2, Note A-4, Note A-5-1, Note A-5-2, Note A-6 and Note A-7.