USDA Loan definition
USDA Loan means a first lien Mortgage Loan originated in accordance with the criteria established by and guaranteed by the United States Department of Agriculture.
USDA Loan means a Mortgage Loan which is guaranteed by USDA, as evidenced by a USDA Loan Guarantee Document.
USDA Loan means a first lien Mortgage Loan guaranteed by and originated in accordance with the criteria established by the USDA pursuant to the USDA Rural Development Guaranteed Housing Loan Program.
Examples of USDA Loan in a sentence
Seller shall cause Guarantor (as each Seller Party’s Nominee) to be designated (A) with respect to each FHA Loan, as mortgagee of record on the FHA LEAP System under mortgagee number [***], (B) with respect to each VA Loan, as the payee on the ▇▇▇▇▇▇ system under payee vendor identification number [***], (C) with respect to each USDA Loan, as the lender of record.
RHS shall make payment of any claim with respect to a USDA Loan directly to Nominee for remittance into the Collection Account within two (2) Business Days of receipt.
More Definitions of USDA Loan
USDA Loan means a Mortgage Loan guaranteed under the United States Department of Agriculture Guaranteed Rural Housing Loan Program.
USDA Loan means a loan originated in accordance with the Rural Housing Service Section 502 Single Family Housing Guaranteed Loan Program, which loan is intended to be subject to a Rural Housing Service Guaranty.
USDA Loan means a Mortgage Loan originated in accordance with the criteria in effect at the time of origination and established by, and guaranteed by, the USDA.
USDA Loan. A Mortgage Loan that is or will be guaranteed by the USDA. “USDA Regulations”: The regulations promulgated by the USDA under the Helping Families Save Their Homes Act of 2009, as amended from time to time and codified in 7 Code of Federal Regulations, and other USDA issuances relating to USDA Loans, including the related handbooks, circulars, notices and mortgagee letters.
USDA Loan has the meaning set forth in the Pricing Side Letter.
USDA Loan means that certain loan to be made from the United States of America, as lender, to Leatherstocking, as borrower, having a principal amount outstanding not to exceed
USDA Loan means a specific type of low interest loan made to a municipality by the U.S. Department of Agriculture for a qualified project.