VA Loan definition
VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.
VA Loan means a Mortgage Loan, the payment of which is partially or completely guaranteed by the VA under the Servicemen's Readjustment Act of 1944, as amended, or Chapter 37 of Title 38 of the United States Code or with respect to which there is a current binding and enforceable commitment for such a guaranty issued by the VA.
VA Loan a Loan that is eligible to be the subject of a VA Loan Guaranty Agreement as evidenced by a VA Loan Guaranty Agreement.
Examples of VA Loan in a sentence
With respect to any VA Loan, the Seller is approved by the Veterans Administration to underwrite mortgage loans with “automatic authority” and Lender Appraisal Processing Program authority.
Each FHA Loan, VA Loan and USDA Loan complies with the related Agency’s rules, regulations, guidelines, bulletins or similar announcements relating to appraiser independence.
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.
More Definitions of VA Loan
VA Loan. A Mortgage Loan guaranteed by the VA.
VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or which is eligible for such VA Loan Guaranty Agreement and will be submitted for such loan guaranty certificate immediately after its origination, or a Mortgage Loan which is a vender loan sold by the VA.
VA Loan. A Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a VA Loan Guaranty Agreement, or a Mortgage Loan which is a vender loan sold by the VA.
VA Loan. A Mortgage Loan which is the subject of a VA Guaranty Agreement as evidenced by a Loan Guaranty Certificate. VA Regulations: Regulations promulgated by the Veterans Administration pursuant to the Serviceman's Readjustment Act, as amended, codified in 36 Code of Federal Regulations, and other VA issuances relating to VA Loans, including related Handbooks, Circulars and Notices.
VA Loan means a Mortgage Loan which is eligible for guarantee by VA and is either so guaranteed or is subject to a current binding and enforceable commitment for such guarantee pursuant to the provisions of the Servicemen's Readjustment Act, as now in effect and as may be hereafter amended from time to time, and is otherwise eligible for inclusion in a GNMA Mortgagebacked Security pool.
VA Loan means a Mortgage Loan that is guaranteed or eligible to be guaranteed by the VA.
VA Loan. A Mortgage Loan that has a LGC issued by the VA.