Non Standard Loans definition
Non Standard Loans are defined as any ------------------ Mortgage Loan (x) with an unpaid principal balance in excess of $500,000; (y) that is a second lien or (z) that has a loan-to-value ratio in excess of 80.00%. Non-Standard Loans shall be subject to the following qualifications with respect to the Aggregation Line:
Examples of Non Standard Loans in a sentence
Non Standard Loans" are defined as any ------------------ Mortgage Loan (x) with an unpaid principal balance in excess of $500,000; (y) that is a second lien or (z) that has a loan-to-value ratio in excess of 80.00%.