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.

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 borrower must have been approved under the Mortgage Payment Assistance program, subject to certain limitations in the program guidelines.

• A maximum of $15,000, subject to certain limitations in the program guidelines, for Mortgage Payment Assistance Program applications under the Underemployed Pathway.

• Mortgage Payment Assistance (MPA) will be provided as follows: Mortgage Payment Assistance Up to 24 monthly mortgage payments on first and closed-end second mortgages to assist unemployed or substantially underemployed homeowners while they seek employment or complete training for a new career.

• A maximum of $10,000, subject to certain limitations in the program guidelines, for Mortgage Payment Assistance Program applications under the Unemployed Pathway.

• Paid a Convenience Fee When Making a Mortgage Payment to Nationstar Mortgage LLC and Are Entitled to a Payment from a Class Action Settlement.

More Definitions of Mortgage Payment

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

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.

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 home 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 means the aggregate of any payments which fall to be met under Schedule 3 to the Income Support Regulations in accordance with paragraphs 6 to 10 of that Schedule (housing costs to be met in income support) on a loan which qualifies under paragraph 15 or 16 of that Schedule, but less any amount deducted under paragraph 18 of that Schedule (non-dependant deductions);”.

Mortgage Payment means the amount which the applicable mortgage conditions require the Borrower to pay in respect of its Mortgage Loan on each date on which the Borrower is required to make payments of interest and/or principal under the applicable mortgage conditions.

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;