USDA Loans definition

USDA Loans means Mortgage Loans originated under the USDA Rural Development single-family mortgage loan program.
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USDA Loans means a residential mortgage loan, the payment of which is guaranteed by the United States Department of Agriculture or any successor thereto.
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USDA Loans. Means a Loan guaranteed by the U.S. Department of Agriculture (USDA) Rural Development.
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Examples of USDA Loans 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.

  • If and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, the Seller is an FHA Approved Mortgagee and a VA Approved Lender.

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

  • To the extent the Seller originates (i) VA Loan, (ii) FHA Loans, (iii) USDA Loans, or (iv) mortgage loans approved or insured by the United Stated Department of Housing and Urban Development (“HUD”), it is a HUD approved mortgagee under Section 203 of the National Housing Act.

  • Should the PMC Seller, for any reason, cease to possess all such Xxxxxx Xxx Approvals, or should notification to Xxxxxx Xxx or, if and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, to HUD, FHA, USDA or VA as described in Section 3.16 hereof be required, the PMC Seller shall so notify the Buyers promptly in writing.

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

  • With respect to the USDA Loans, such USDA Loan is guaranteed, or is eligible to be guaranteed, by an USDA Guaranty, under the USDA Regulations and there exists no impairment to full recovery without indemnity to the USDA under the USDA Guaranty.

  • Should the Seller, for any reason, cease to possess all such Xxxxxx Mae Approvals, or should notification to Xxxxxx Xxx or, if and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, to HUD, FHA, USDA or VA as described in Section 3.16 hereof be required, the Seller shall so notify the Buyer promptly in writing.

  • With respect to USDA Loans, such USDA Loan is guaranteed, or eligible to be guaranteed by an USDA Guaranty, under the USDA Regulations and there exists no impairment to full recovery without indemnity to the USDA under the USDA Guaranty.

  • If and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, the PMC Seller is an FHA Approved Mortgagee and a VA Approved Lender.


More Definitions of USDA Loans

USDA Loans means the USDA/Commerce Debts taken out by the Company in December 2005 and September 2006 in the amounts of US$1,200,000 and US$2,100,000 respectively.
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USDA Loans has the meaning specified in Section 6.1(i).
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USDA Loans means Mortgage Loans originated under the USDA Rural Development single-family mortgage loan program. “VA” means the Department of Veterans Affairs and any successor.
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USDA Loans means mortgage loans guaranteed by the United States Department of Agriculture.
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Related to USDA Loans

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Term Loans as defined in Section 2.1.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).