Single Family Mortgage Loan definition

Single Family Mortgage Loan means a Mortgage Loan secured by a Mortgage on improved real property on which is located a 1-to-4 family residence.

Single Family Mortgage Loan means a Loan secured by residential real property that includes one through four dwelling units, made subject to this Agreement and the applicable Appendix by the written agreement of the parties.

Single Family Mortgage Loan means a Mortgage Loan secured by a Mortgage on improved real property on which is located a 1-to-4 family residence. "Standard Warehouse Period" means, for any Mortgage Loan, the maximum number of days a Warehousing Advance against that type of Mortgage Loan, other than against an Aged Mortgage Loan, may remain outstanding, as set forth in Exhibit H. "Statement Date" means the Audited Statement Date or the Interim Statement Date, as applicable. "Sublimit" means the aggregate amount of Warehousing Advances (expressed as a dollar amount or as a percentage of the Warehousing Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan. "Subordinated Debt" means all indebtedness of Borrower for borrowed money that is effectively subordinated in right of payment to all present and future Obligations either (1) under a Subordination of Debt Agreement on the form prescribed by Lender or (2) otherwise on terms acceptable to Lender. "Subprime Mortgage Loan" has the meaning set forth in Exhibit H. "Subsidiary" means any corporation, partnership, association or other business entity in which more than 50% of the shares of stock or other ownership interests having voting power for the election of directors, managers, trustees or other Persons performing similar functions is at the time owned or controlled by any Person either directly or indirectly through one or more Subsidiaries of that Person. "Tangible Net Worth" means the excess of a Person's (and, if applicable, that Person's Subsidiaries, on a consolidated basis) total assets over total liabilities as of the date of

Examples of Single Family Mortgage Loan in a sentence

• Single Family Mortgage Loan Program‌This program allows the Authority to finance low and moderate-income mortgages for people meeting income and purchase price limits.

• Joint responses may be submitted but must include a plan for team management and efficiency such that the cost to the Commission of Single Family Mortgage Loan Subservicer is competitive with that provided by single firms.

• The Offeror shall identify any conflicts of interest which may arise if the Offeror serves as a Single Family Mortgage Loan Subservicer to HOC and shall describe how it proposes to resolve such conflicts.

• Single Family Mortgage Loan Program (“Single Family Program”) – Records the activity related to providing capital for the purchase and servicing of mortgage loans for owner‐ occupied single‐family residences for persons or families of low and moderate income.

• Single Family Mortgage Loan Program This program allows the Authority to finance low and moderate-income mortgages for people meeting income and purchase price limits.

• On occasion, non-profits and communities will provide HUD HOME funds to reduce the purchase price of acquisition rehabilitation and in-fill projects when using a MSHDA Single Family Mortgage Loan.

• B-1Appendix C -- The Single Family Mortgage Loan Program ..................................

• The Agency pays a fee to its participating lenders for the release of mortgage servicing rights associated with each mortgage loan it purchases for its Single Family Mortgage Loan Program.

• TDHCA’s Single Family Mortgage Loan Program (the "Program") provides financing and/or a mortgage credit certificate (MCC) for low to moderate income homebuyers.

• At such public hearing, all interested persons were given an opportunity to express their views, both orally and in writing, on the proposed issuance of the Bonds and the location and nature of the Single Family Mortgage Loan Program.

More Definitions of Single Family Mortgage Loan

Single Family Mortgage Loan means a Mortgage Loan secured by a Mortgage covering improved real property containing a one-, two-, three- or four-family residence. "Special Purpose Entity" is defined in the definition of "Permitted Securitization".

Single Family Mortgage Loan means a First Mortgage Loan made to finance residential property consisting of one to four dwellings, but shall not include any Qualified Rehabilitation Loan.

Single Family Mortgage Loan means a Mortgage Loan secured by a Mortgage on improved real property on which is located a 1-to-4 family residence. "Standard Warehouse Period" means, for any Mortgage Loan, the maximum number of days a Warehousing Advance against that type of Mortgage Loan, other than against an Aged Mortgage Loan, may remain outstanding, as set forth in Exhibit H. "Statement Date" means the Audited Statement Date or the Interim Statement Date, as applicable. "Sublimit" means the aggregate amount of Warehousing Advances (expressed as a dollar amount or as a percentage of the Warehousing Commitment Amount) that is permitted to be outstanding at any one time against a specific type of Eligible Loan. "Sublimit Note" has the meaning set forth in Section 1.3. "Subordinated Debt" means all indebtedness of Borrower for borrowed money that is effectively subordinated in right of payment to all present and future Obligations either (1) under a Subordination of Debt Agreement on the form prescribed by Lender or (2) otherwise on terms acceptable to Lender. "Subprime Mortgage Loan" has the meaning set forth in Exhibit H. "Subsidiary" means any corporation, partnership, association or other business entity in which more than 50% of the shares of stock or other ownership interests having voting power for the election of directors, managers, trustees or other Persons performing similar functions is at the