NINA Loan definition

NINA Loan is defined as any Mortgage Loan with respect to which the income and/or assets of the Mortgagor have not been fully verified prior to origination by the originator. NINA Loans shall be subject to the following qualifications with respect to the Financing Line:
NINA Loan means any Mortgage Loans with respect to which the income and/or assets of the Mortgagor have not been fully verified prior to origination by the originator.

Examples of NINA Loan in a sentence

  • A "NINA Loan" is defined as any Mortgage Loan with respect to which the income and/or assets of the Mortgagor have not been fully verified prior to origination by the originator.