VA Loans definition

VA Loans means residential mortgage loans that are guaranteed, or are eligible and intended to be guaranteed, by VA.

VA Loans means Mortgage Loans partially guaranteed by the VA under the Servicemen's Readjustment Act of 1944, as amended.

VA Loans means a Loan guaranteed by the Secretary of Veterans Affairs, with a loan term of not more than 360 months nor less than 180 months, unless otherwise provided for in a Commitment, with a maximum Loan amount not exceeding that permitted in the applicable jurisdiction, and with a combined Loan Guaranty and equity of not less than 25%.

Examples of VA Loans in a sentence

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

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

• All VA Loans are eligible for guaranty by VA and a loan guaranty certificate will be issued by VA.

• The substance of any such waiver, alteration or modification has been approved by the insurer under the Primary Insurance Policy, if any, and the title insurer, to the extent required, and, with respect to the FHA, RHS and VA Loans, has been approved by the FHA, to the extent required by the FHA Insurance Contract, the RHS to the extent required of the Rural Housing Service Guaranty or the VA, to the extent of the VA Guaranty Agreement, and its terms are reflected on the Mortgage Loan Schedule.

• Prior to such time, Nominee and Servicer each shall take direction from Seller Parties with respect to such FHA Loans, VA Loans and USDA Loans.

More Definitions of VA Loans

VA Loans means Mortgage Loans (which may be Construction, Development or Permanent Loans) which are guaranteed under the provisions of the Servicemen's Readjustment Act of 1944, as amended.

VA Loans means the Mortgage Loans which satisfy all applicable rules and regulations to be guaranteed by the VA and which are guaranteed by the VA.

VA Loans means the Mortgage Loans guaranteed by the VA.

VA Loans. Any Mortgage Loan that is guaranteed by the VA.

VA Loans. Means a Loan guaranteed by the Veterans Administration, with a loan term of not more than 360 months nor less than 180 months, unless otherwise provided for in a Commitment, with a maximum Loan amount not exceeding that permitted in the applicable jurisdiction and with a combined loan guaranty and equity of not less than 25 percent.

VA Loans. Mortgage Loans which are guaranteed by the VA, or which were intended by the Subservicer to be guaranteed by the VA, or with respect to which a representation has been made to the mortgagor (in a commitment letter, truth-in-lending disclosure statement or otherwise in writing) that such Mortgage Loan is or will be guaranteed by the VA.

VA Loans. Section 3.25 "VA No Bids" -- Section 3.28 "Warehouse Loans" -- Section 3.26 This AGREEMENT AND PLAN OF MERGER dated as of November 10, 1996 (this "Agreement") is made and entered into by and among HFS INCORPORATED, a Delaware corporation ("Parent"), MERCURY ACQ. CORP., a Maryland corporation wholly owned by Parent ("Sub"), and PHH CORPORATION, a Maryland corporation (the "Company").