Mortgage transaction definition

Mortgage transaction means a transaction by the terms of which the repayment of money loaned or payment of real property sold is to be made at a future date or dates.

Mortgage transaction means a transaction by the terms of which the repayment of

Mortgage transaction means a loan or consumer credit sale that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage or other equivalent consensual security interest on a dwelling or residential real estate upon which is constructed or intended to be constructed a dwelling.

Examples of Mortgage transaction in a sentence

• Rent payments are $500,000 x 8.00% = $40,000 / 365 days = $109.58 daily rate x 20 days = $2,191.78 total rent due (typically paid at closing as part of the Cherry Creek Mortgage transaction).

• The average monthly payment made by borrowers in our sample is $925.In what follows we present five key features that characterize shopping behavior and outcomes in the Canadian mortgage market and most negotiated-price markets:Feature 1: Mortgage transaction rates are dispersed.

• As additional consideration, Agent shall pay to Winthrop one hundred twenty-five thousand dollars ($125,000) within five (5) days after the closing of the WMC Mortgage transaction, when and if such closing occurs.

• Neither the PFI nor any of the PFI’s affiliates have entered into an agreement, formal or informal, with the Mortgagor during the initial origination process of the Mortgage to refinance the Mortgage at some future date as an inducement for the Mortgagor to enter into the original Mortgage transaction.

• Neither the Seller nor any of the Seller’s affiliates have entered into an agreement, formal or informal, with the Mortgagor during the initial origination process of the Mortgage to refinance the Mortgage at some future date as an inducement for the Mortgagor to enter into the original Mortgage transaction.

More Definitions of Mortgage transaction

Mortgage transaction means a transaction in which a first

Mortgage transaction means (a) one or more transactions in existence as of the Effective Date (i) pursuant to which (x) the Borrower and/or a Subsidiary thereof sold for fair consideration all or a portion of the Subject Assets to a SPE, (y) the Borrower and/or its

Mortgage transaction means (a) one or more transactions in existence as of the Effective Date (i) pursuant to which (x) the Borrower and/or a Subsidiary thereof sold for fair consideration all or a portion of the Subject Assets to a SPE, (y) the Borrower and/or its Subsidiaries leased from such SPE the Subject Assets which were sold to such SPE, as contemplated by clause (x) above, and (z) none of the Borrower and its Subsidiaries (other than such SPE) have entered into any Guarantee in respect of any of the obligations of such SPE and (ii) in respect of which the aggregate annual rentals and other payments (exclusive of property taxes, property and liability insurance premiums and maintenance costs) shall not exceed the annual mortgage payments payable by the SPEs to unaffiliated third parties and (b) any Replacement Mortgage Transaction.

Mortgage transaction means a loan or consumer credit sale in

Mortgage transaction means a loan or consumer credit sale in which that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage, or a land contract, is created or retained against land upon which there is or is intended to be constructed a dwelling that is or will be used by the debtor primarily for personal, family, or household purposes. or other equivalent consensual security interest on a dwelling or residential real estate.

Mortgage transaction means a loan or consumer credit sale that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage, land contract, or other equivalent consensual security interest on a dwelling or residential real estate.

Mortgage transaction means a settlement transaction involving a Mortgage from the Current Owner of Record, encumbering the real property which is the subject of the Notice of Settlement, and may include (i) a refinancing of an existing mortgage, (ii) an home equity, (iii) a line of credit, (iv) a construction loan or (v) other financing to be secured by a Mortgage on the real property. A “Mortgage Transaction” herein does not include a Conveyance Transaction as defined herein.