VA Approved Lender definition

VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.
Sample 1Sample 2Sample 3
VA Approved Lender. Those lenders which are approved by the VA to act as a lender in connection with the origination of VA mortgage loans.
Sample 1Sample 2Sample 3
VA Approved Lender means a lender which is approved by VA to act as a lender in connection with the origination of VA loans.
Sample 1Sample 2Sample 3

Examples of VA Approved Lender in a sentence

  • With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee, a VA Approved Lender and a GNMA Approved Lender.

  • Seller is an FHA Approved Mortgagee and, to the extent Seller is originating VA Loans, a VA Approved Lender.

  • Each of the Seller and/or any Qualified Originator, if required and applicable, is an FHA Approved Mortgagee, a VA Approved Lender and a Rural Housing Service Approved Lender, in good standing to originate and service mortgages and has not been suspended as a mortgagee or servicer by the FHA, VA or RHS, as applicable.

  • The Servicer is an FHA Approved Mortgagee, a VA Approved Lender and an approved seller/servicer of conventional residential mortgage loans for FNMA, FHLMC or GNMA, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.

  • Any successor to the Servicer shall be an FHA Approved Mortgagee and a VA Approved Lender.

  • As of the Closing Date the Company is an FHA Approved Mortgagee and a VA Approved Lender and has the facilities, procedures, and experienced personnel necessary for the servicing of mortgage loans of the same type as the Eligible Loans.

  • With respect to each Agency Security and to the extent necessary, Seller is an FHA Approved Mortgagee, a VA Approved Lender and approved by GNMA as an approved lender.

  • Should Seller for any reason cease to possess all such applicable approvals, or should notification to the relevant Agency or to the Department of Housing and Urban Development, FHA or VA (only to the extent that Seller is a VA Approved Lender as of the relevant Purchase Date), be required, Seller shall so notify Buyer immediately in writing.

  • With respect to each Agency Security and to the extent necessary, FMC is an FHA Approved Mortgagee and a VA Approved Lender.

  • The Seller is also an FHA Approved Mortgage in good standing to service FHA Loans, a VA Approved Lender, has not been suspended as a mortgagee or servicer by the FHA or VA, and has facilities, procedures and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the FHA Loans and the VA Loans.


More Definitions of VA Approved Lender

VA Approved Lender. Those institutions that are approved by the VA to act as servicer and mortgagee of record pursuant to VA Regulations.
Sample 1Sample 2Sample 3
VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans. “VA Loan” means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or aMortgage Loan which is a vender loan sold by the VA.
Sample 1
VA Approved Lender means a lender which is approved by VA to act as a lender in connection with the origination of VA Loans. “VA Loan” shall mean a Loan which is the subject of a VA Loan Guaranty Agreement as evidenced by a Loan Guaranty Certificate.
Sample 1Sample 2
VA Approved Lender means an institution that is approved by the VA to act as a lender in connection with the origination of any Mortgage Loan guaranteed by the VA. "Wholly-Owned Subsidiary" of a Person means (i) any Subsidiary all of the outstanding voting securities of which shall at the time be owned or controlled, directly or indirectly, by such Person or one or more Wholly-Owned Subsidiaries of such Person, or by such Person and one or more Wholly-Owned Subsidiaries of such Person, or (ii) any partnership, limited liability company, association, joint venture or similar business organization 100% of the ownership interests having ordinary voting power of which shall at the time be so owned or controlled. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms.
Sample 1
VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans. “VA Loan” shall mean a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate. “VA Loan Guaranty Agreement” shall mean the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a
Sample 1
VA Approved Lender. Those lenders which are approved by the VA to act as a lender in connection with the origination of VA Loans. Any capitalized terms used and not defined in this Agreement shall have the meanings ascribed to such terms in the Trust Agreement.
Sample 1

Related to VA Approved Lender

  • Approved Lender is defined in Section 12.1.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the Administrative Agent or L/C Issuer has a good faith belief that such Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that controls such Lender has been deemed insolvent or become the subject of a bankruptcy or insolvency proceeding.

  • Replaced Lender shall have the meaning provided in Section 2.13.

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Qualified Lender means a lender approved by the Director of Transportation to finance the transfer of Medallions under the former Taxi Medallion Sales Pilot Program or the Taxi Medallion Transfer Program.