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

Borrower and/or Mortgage Borrower shall pay (or cause to be paid) all costs of such Restoration, whether or not such costs are covered by Net Proceeds, provided, to the extent Lender or Mortgage Lender is holding any Net Proceeds, such payment shall be subject to Lender’s or Mortgage Lender’s disbursement of such insurance proceeds therefore to the extent Lender or Mortgage Lender, as applicable, is required under this Agreement and/or the Mortgage Loan Agreement (as applicable).
Borrower and/or Mortgage Borrower shall pay all costs of such Restoration, whether or not such costs are covered by an Award; provided, to the extent Lender or Mortgage Lender are holding any Awards, such Restoration shall be subject to Lender’s or Mortgage Lender’s disbursement of such Awards proceeds therefor to the extent Lender or Mortgage Lender, as applicable is required under the Loan Agreement or the Mortgage Loan Agreement, as applicable, to make such disbursement.
Borrower shall cause Mortgage Borrower to deliver promptly to Lender copies of all request, information and other documents submitted to Mortgage Lender pursuant to Article VII of the Mortgage Loan Agreement and otherwise in connection with a request for a disbursement of Mortgage Reserve Funds.
Borrower shall furnish to Lender receipts, or other evidence for the payment of the Property Taxes and the Other Charges prior to the date the same shall become delinquent (provided, however, that Borrower is not required to furnish such receipts for payment of Property Taxes in the event that such Property Taxes have been paid by Mortgage Lender pursuant to Section 7.2 of the Mortgage Loan Agreement).
In the event that Lender makes any payment in respect of the Mortgage Loan, Lender shall be subrogated to all of the rights of Mortgage Lender under the applicable Mortgage Loan Document against the Property, in addition to all other rights it may have under the Loan Documents.

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;