Primary loan definition
Primary loan means a housing loan under s. 45.37, Stats.
Primary loan means a housing loan under s. 45.79, Stats.
Primary loan means a Loan consisting of a portion of a Primary Advance.
More Definitions of Primary loan
Primary loan means the loan provided by the primary lender that is used by the applicant to purchase a personal residence. A primary loan shall provide for a fixed interest rate and equal monthly payments of principal and interest for the term of the loan. The term of the primary loan must be at least 20 years, except that a homeownership revitalization area loan may be for a term of not less than 15 years.
Primary loan means the permanent and construction financing obtained by Developer from one or more institutional lender(s) other than an Affiliate of Developer, as approved by Authority Executive Director, which loan(s) shall be senior to Authority’s Regulatory Agreement, Option Agreement, and Authority Loan Deed of Trust, but subordinate to the City Restrictions and Entitlement.
Primary loan means any Loan made by any Primary Lender pursuant to Section 2.1(a).
Primary loan has the meaning set forth in Recital B.
Primary loan and “Primary Loans” shall mean, individually and collectively, the permanent and construction financing obtained by Developer for the Project from one or more lender(s), as approved by Agency Executive Director.
Primary loan means the loan secured by, among other things, a first lien on the Property and that was obtained by the Company in connection with the acquisition of the Property, and any other loan that, with prior Class A Member Approval, refinances or increases such loan and that is also secured by a first lien on the Property.
Primary loan and “Primary Loans” shall mean, individually and collectively, the permanent and construction financing obtained by Developer for the Project from one or more lender(s) other than an Affiliate of Developer, as approved by Agency Executive Director, which loan(s) shall be senior to Agency’s Regulatory Agreement, but subordinate to the Entitlement for the Project.