Premium Mortgage Loan. A Mortgage Loan with a Net Mortgage Interest Rate of 6.750% or greater.

Premium Mortgage Loan. Any Mortgage Loan with a Net Mortgage Interest Rate that is equal to or more than % per annum.

Examples of Premium Mortgage Loan in a sentence

Group 2 Premium Mortgage Loan: Any Group 2 Mortgage Loan with a Net Mortgage Interest Rate on the closing date that is equal to or greater than [%] per annum.
I-38 Premium Mortgage Loan..............................................................................
A fraction, expressed as a percentage, (a) for each Discount Mortgage Loan, the numerator of which is ____% minus the Net Note Rate and the denominator of which is ____% and (b) for each Premium Mortgage Loan, 0.0%.
Group 1 Premium Mortgage Loan: Any Group 1 Mortgage Loan with a Net Mortgage Interest Rate on the closing date that is equal to or greater than [%] per annum.

More Definitions of Premium Mortgage Loan

Premium Mortgage Loan. A Mortgage Loan with a Net Mortgage Interest Rate of 6.500% or greater.

Premium Mortgage Loan. Any Mortgage Loan with a Net Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to 5.500% per annum.

Premium Mortgage Loan. Any mortgage loan with a Net Mortgage Rate greater than 6.50% per annum.

Premium Mortgage Loan. Any Group 1 Mortgage Loan with a Net Mortgage Interest Rate as of the Cut-off Date that is greater than or equal to 6.250%.