Residential loan definition

Residential loan means any of the following:

Residential loan means any loan that is secured by a mortgage against residential real property, regardless of whether the property owner lacks sufficient equity in the property so as to render the loan partially or entirely unsecured.

Residential loan means any Loan that is used to acquire any dwelling unit that within a reasonable period of time is to be used (determined at the time the loan is made) as the principal residence of the Eligible Borrower.

Examples of Residential loan in a sentence

• Residential loan originations of $2,279.2 million in 1995 were up slightly from the 1994 level of $2,064.4 million.

• Residential loan amounts range from $1000 to $10,000; commercial and industrial customers may borrow up to $100,000.

• Residential loan regressions in include the lag change in log residential loan (defined between 2012:Q3 and 2014:Q2) and lag change in log MBS (defined between 2012:Q3 and 2014:Q2) as controls, and the commercial loan regressions include the lag change in log commercial loans (defined between 2012:Q3 and 2014:Q2) as a control.

• Residential loan applications without supporting documentation will be considered incomplete.

• Residential loan pay-offs received in advance of scheduled maturity (voluntary prepayments) affect the amount of interest income due to the recognition at that time of any remaining unamortized premiums or discounts arising from the loan’s inception.

More Definitions of Residential loan

Residential loan means a loan the

Residential loan means any kind of credit facility, as determined by the competent authority, secured on immovable property used or intended for residential purposes;

Residential loan means an individual residential loan governed under RESPA sold by Seller and purchased by Buyer pursuant to this Agreement, provided that such loan is also identified as such on the Master Asset Transfer Schedule attached to the Purchase Commitment/Settlement delivered on or prior to the Closing Date.

Residential loan means a loan for the acquisition, construction, improvement or rehabilitation of residential housing and, if the loan is for acquisition or construction of residential housing, that is secured by a first lien on real property located in the state and improved by a newly constructed, existing or rehabilitated residential structure for lower income persons or families, or unimproved if the proceeds of such loan shall be used for the erection of a residential structure thereon, whether or not such loan is insured or guaranteed by the United States or any instrumentality or agency thereof. “Residential loan” includes an insured or guaranteed loan for the acquisition of manufactured housing. The insured or guaranteed loan need not be secured by a first mortgage on real property but shall be secured by a security interest of first priority. “Residential loan” also includes a loan for the purchase of a proprietary lease and related cooperative shares in a housing cooperative formed under ORS chapter 62 secured by a security interest of first priority and a pledge or an assignment of proprietary leases and related cooperative shares.

Residential loan means any residential closed-end real estate secured loan to any Settlement Class Member originated by any of the Released Parties.

Residential loan means a loan the primary purpose of which is the purchase or finance of a permanent dwelling located in New Mexico and which is primarily secured by a deed of trust encumbering the dwelling and related trust real estate.

Residential loan means any of the follow-