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 Mortgage Loan guaranteed under the United States Department of Agriculture Guaranteed Rural Housing Loan Program.

Examples of USDA Loan in a sentence

• With respect to the USDA Loans, the USDA Loan Guaranty Agreement is in full force and effect to the maximum extent stated therein.

• With respect to any USDA Loan submitted by Seller, Seller is an approved lender to originate USDA loans.

• Each FHA Loan, USDA Loan and VA Loan was originated in accordance with the criteria of an Agency for purchase of such Mortgage Loans.

• Restricted for USDA Loan Payments – portion of fund balance that is restricted by revenue source to equal one annual loan payment including interest.

• SCHEDULE 15iv INDEBTEDNESS As of June 24, 2020, the balances of all outstanding long-term and short-term debt obligations are as follows: USDA Loan: Current principal balance is $2,165,324 plus interest $3,426 Kubota Tractor Lease: $49,873, see lease previously provided to Emerson.

More Definitions of USDA Loan

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 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.

USDA Loan means the USDA Loan 26-056-380858018 dated October 16, 2014 in the original loan amount of $2,500,000.00 entered into by Sanford HP, BH and BHP, as borrowers.

USDA Loan means a Loan originated in accordance with the criteria in effect at the time of origination and established by, and guaranteed by, the United States Department of Agriculture.

USDA Loan has the meaning set forth in the Pricing Side Letter.

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. A Mortgage Loan the payment of which is guaranteed by the USDA under the Single Family Guaranteed Loan Program, as indicated on the Mortgage Loan Schedule. VA: The United States Department of Veterans Affairs. VA Loan: A Mortgage Loan guaranteed by the VA, as indicated on the Mortgage Loan Schedule. USPAP: The Uniform Standards of Professional Appraisal Practice. Whole Loan Transfer: Any sale or transfer by the Purchaser of some or all of the Mortgage Loans.