Mortgage Term definition

Mortgage Term refers to the term defined in Article 2.3 to the Contract;
Mortgage Term means the period as specified in Policy Schedule 1.
Mortgage Term means the period during which you must repay the amount owed as set out in the Mortgage Offer;

Examples of Mortgage Term in a sentence

  • The distinction is made between Mortgage, Term, Securitizable Term, Bridge, Prepay Taxes, Consumer Credit, and Other Loans (we take the Other Loans category as our base case in the regressions).

  • If your Mortgage is not paid off at the end of the Mortgage Term, you or we may have to sell the Property to try to repay all or part of the Loan, and Interest may be charged (at our option) on the amount outstanding until it is fully paid off.

  • It is your responsibility to make certain that you can repay the Total Debt at the end of the Mortgage Term.

  • The Monthly Payment is calculated so as to pay off the Total Debt by the end of the Mortgage Term, providing payments are made on time and in full.

  • The Monthly Payment is calculated so that you pay off the Loan and accrued Interest on the Loan by the end of the Mortgage Term, providing you make your Monthly Payments on time and in full and there are no additional interest, fees and charges added to your Loan as part of the Total Debt.

  • Once the permit to dig has been agreed and signed by the site supervisor for the works, a trained and certificated operative will carry out a CAT scan of the works area to be excavated.

  • If you still owe us any amounts after the end of the Mortgage Term, you must immediately repay any amounts outstanding.

  • If your arrangement does not produce enough money to pay off the Capital at the end of the Mortgage Term, you will have to pay off the shortfall yourself.

  • Weighted Percent of Weighted Weighted Average Weighted Aggregate Aggregate Average Average Average Credit Average Number of Principal Principal Current Gross Remaining Bureau Loan-to- Mortgage Balance Balance Principal Mortgage Term Risk Value Original Term (months) Loans Outstanding Outstanding Balance Rate (months) Score Ratio ------------------------ --------- -------------- ----------- --------- -------- --------- -------------- -------- ARM 360 ................

  • If your Mortgage is not paid off at the end of the Mortgage Term, Interest will be charged on the amount outstanding until it is fullypaid off.


More Definitions of Mortgage Term

Mortgage Term means the period of time during which you agree to repay the Loan to us as specified in your Mortgage Offer.
Mortgage Term means the term of each Mortgage Advance, commencing on the subject Mortgage Advance Date and ending on the date which determined by the Mortgage Agreement;
Mortgage Term means the term of each Mortgage Advance, commencing on the subject Mortgage Advance Date and ending on the date which is three (3) years after the Mortgage Advance Date, unless earlier terminated;
Mortgage Term means the period stated in the Offer of Advance as the period in which the Borrower must repay the Advances including any Further Advances and all interest and other Costs payable under the Mortgage.

Related to Mortgage Term

  • Mortgage shall have the meaning assigned to such term in the recitals.