Mortgage lender definition

Mortgage lender means a domestic or foreign corporation authorized in this state to make loans secured by mortgages or deeds of trust.

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Mortgage lender means a “lender” as defined in the Act and which has been approved by the Authority pursuant to the Rules and Regulations.

Mortgage lender means a state or national bank, state or federal savings and loan association, mortgage company, insurance company, state pension fund, or any other financial institution, intermediary, or entity authorized to make mortgage loans in this state.

Examples of Mortgage lender in a sentence

• Lender and Mortgage Lender have no obligation to disclose to Borrower or Mortgage Borrower the contents of such intercreditor agreement.

• Within ten (10) Business Days after written request by ▇▇▇▇▇▇ (not more frequently than annually, unless an Event of Default has occurred and is continuing), Borrower shall (or shall cause Mortgage Borrower to) from time to time, request from Mortgage Lender such estoppel certificates with respect to the status of the Mortgage Loan and compliance by Mortgage Borrower with the terms of the Mortgage Loan Documents as may reasonably be requested by Lender.

• Subject to the rights of Mortgage Lender under the Mortgage Loan Documents, if the Property is sold, through foreclosure or otherwise, prior to the receipt by Lender of the Award, Lender shall have the right, whether or not a deficiency judgment on the Note shall have been sought, recovered or denied, to receive the Award, or a portion thereof sufficient to pay the Debt.

• Borrower hereby acknowledges and agrees that any intercreditor agreement between Lender and Mortgage Lender is solely for the benefit of Lender and Mortgage Lender, and that neither Borrower nor Mortgage Borrower shall be third-party beneficiaries (intended or otherwise) of any of the provisions therein, have any rights thereunder, or be entitled to rely on any of the provisions contained therein.

• In addition, Borrower shall cause Lender to be named as loss payee on property coverages and named as an additional insured, together with Mortgage Lender, as their interests may appear, under the insurance policies required under such insurance policies required under the Mortgage Loan Agreement as Lender shall require.

More Definitions of Mortgage lender

Mortgage lender shall have the meaning set forth in the recitals to this Agreement, together with its successors and assigns.

Mortgage lender means any person who directly or indirectly originates or makes mortgage loans.

Mortgage lender means a person who acts as a mortgage lender as that term is defined in item (2) or engages in the business of servicing mortgage loans for others or collecting or otherwise receiving mortgage loan payments directly from borrowers for distribution to another person. This definition does not include engaging in a tablefunded transaction.

Mortgage lender shall have the meaning set forth in the recitals hereto.

Mortgage lender means an entity that consummates a residential mortgage loan, advances funds, offers to advance funds, or commits to advancing funds for a residential mortgage loan applicant.

Mortgage lender means a first mortgage lender, a first mortgage correspondent lender, or both;

Mortgage lender means a person engaged in the business of making residential mortgage loans in such person's own name utilizing such person's own funds or by funding loans through a warehouse agreement, table funding agreement or similar agreement;