Mortgage Payment definition

Mortgage Payment means, with respect to any Home, any payment actually made under any Mortgage on such Home (other than a Mortgage Payoff), including without limitation payments of principal and interest and for taxes and insurance.

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Mortgage Payment means the amount of each regularly scheduled monthly payment of principal and interest due and payable under the Base Facility Note subject to Defeasance during the period beginning on the first day of the second calendar month after the Defeasance Closing Date and ending on the Stated Maturity Date, and the amount that would constitute the aggregate unpaid principal balance of the Base Facility Note subject to Defeasance on the Stated Maturity Date if all prior Mortgage Payments were paid on their due dates.

Mortgage Payment means the owner's payment on any mortgage which is necessary for financing the purchase of an owner's dwelling unit. It may also include payments for lease rent, real property taxes, mortgage insurance, association fees, and any other expenses directly related to financing the purchase of the owner's real property or to maintaining an ownership interest in the real property.

Examples of Mortgage Payment in a sentence

The Servicer's records shall, at all times, reflect then-current Mortgage Loan Rate and Monthly Mortgage Payment and the Servicer shall timely notify the Mortgagor of any changes to the Mortgage Loan Rate and the Monthly Mortgage Payment.
A maximum of $15,000, subject to certain limitations in the program guidelines, for Mortgage Payment Assistance Program applications under the Underemployed Pathway.
The borrower must have been approved under the Mortgage Payment Assistance program, subject to certain limitations in the program guidelines.
The Mortgage Payment Assistance Program is intended to help homeowners maintain their existing mortgage and eliminate the immediate risk of foreclosure.
Program Overview The Georgia Housing Finance Authority (GHFA) Mortgage Payment Assistance (MPA) program will provide loans to unemployed and substantially underemployed homeowners to help them remain in their homes and prevent avoidable foreclosures despite loss of income due to involuntary job loss.

More Definitions of Mortgage Payment

Mortgage Payment means the amount that a business entity owes as a result of a

Mortgage Payment means the actual amount paid, calculated monthly, less any payment of taxes included in the payment for a mortgage that has been obtained for the purpose of purchasing or making necessary repairs or renovations to the primary residence of an applicant or recipient;

Mortgage Payment means an advance made by the related Originator to repay a borrowing by a Relocating Employee secured by such Relocating Employee’s Origination Home, provided that the related Originator shall be entitled to be reimbursed for the amount of such payment by the related Employer under the terms of an Eligible Relocation Services Agreement. For the avoidance of doubt, it is understood and agreed that a Relocation Services Agreement (whether or not an Eligible Relocation Services Agreement) that would be characterized as a “fixed fee” arrangement in accordance with the customary practices employed by the Master Servicer prior to the date hereof does not give rise to such a reimbursement obligation.

Mortgage Payment has the meaning attributed to it in the Proceeds Agreement.

Mortgage Payment. The scheduled payment set forth in Exhibit A-1 of principal and interest on the Mortgage Loan. Specifically, with respect to interest, each June 15 and December 15, commencing December 15, 1993 and to and including June 15, 2014, and with respect to principal, each June 15, commencing June 15, 1994 and to and including June 15, 2014 (before any adjustment to such payments by reason of any bankruptcy or similar proceeding or any moratorium or similar waiver or grace period).

Mortgage Payment means the actual amount paid per month, less any payment of taxes included in the payment, for a mortgage obtained to purchase or make necessary repairs or renovations to a home;