VA Loan definition
Examples of VA Loan in a sentence
Any amounts paid by XXXXXX with respect to a VA Loan shall be paid to Nominee; such amounts shall be remitted by Nominee into the Collection Account within two (2) Business Days of receipt.
The substance of any such waiver, alteration or modification has been approved by the title insurer, to the extent required, and its terms are reflected on the Asset Schedule, and will not impair the applicable insurance or guarantee, including any FHA Mortgage Insurance, VA Loan Guaranty Agreement or USDA guaranty, as applicable.
Seller shall cause Nationstar Servicer (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 26450-00001, (B) with respect to each VA Loan, as the payee on the XXXXXX system under payee vendor identification number 880587-0000, (C) with respect to each USDA Loan, as the lender of record.
In connection with any VA Loan, Seller shall obtain a BPO within 30 calendar days following conversion thereof.