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- DEFINITIONS; SUMMARY OF MORTGAGELOAN TERMS - …
The unpaid principal balance of the Mortgage Loan, any Accrued Interest thereon and all other Indebtedness shall be due and payable on the Maturity Date. Interest Rate Type. See the Schedule of Interest Rate Type Provisions for additional provisions, if any, specific to the Interest Rate Type.
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[DOC File]STANDARD MORTGAGE TERMS
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the Registered Mortgage as the date to which we calculate accrued interest on money advanced to you. This date will be before your first regular payment period. This is the date the Term starts. Interest Rate. means the interest rate that applies to the Mortgage. The Interest Rate and how it is calculated is shown in item 5(b) of the Registered ...
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[DOC File]Computation of Surplus Cash, Distributions and Residuals ...
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Accrued Mortgage Interest Payable $ Delinquent Mortgage Principal Payments $ Delinquent Deposits to Reserve for Replacements $ Accounts Payable (due within 30 days) $ Loans and Notes Payable (due within 30 days) $ Deficient Tax Insurance or MIP Escrow Deposits $ Accrued Expenses (not escrowed) $ Prepaid Revenue (Account 2210) $ Tenant Security ...
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[DOC File]8-K: PennyMac Mortgage Investment Trust
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"Mortgage Interest Rate" means the rate of interest borne on a Mortgage Loan from time to time in accordance with the terms of the related Mortgage Note. "Mortgage Interest Rate Cap" means, with respect to an adjustable rate Mortgage Loan, the limit on each Mortgage Interest Rate adjustment as set forth in the related Mortgage Note.
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[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
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Remember interest is paid in arrears: interest for the month of December is payable January 1. For projects in default under the mortgage , include delinquent interest payments shown on the Form HUD-92426, Notice of Default; use the Form HUD-92426 for the month following the last month covered by the financial statement.
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Reverse Mortgage Examination Guidelines
Examiner note: While the bond is outstanding, the homeowner’s age and interest accrue, and home value fluctuates. The point at which the principal outstanding together with accrued interest for a loan exceeds the home value is where a loss or point of diminished returns occurs. Such point is known as the cross-over point.
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[DOC File]real estate forms mortgage forms Balloon Mortgage
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mortgage note (fixed rate) this is a balloon mortgage note and the final payment or the balance due upon maturity is $23,000 together with accrued interest, if any, and all advancements made by the mortgagee under the terms of the mortgage rented property addendum.
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Instructions: Florida Security Instrument (Form 3010)
14. Lenders MAY add the following language (at the end of the document or in an attached rider) when the document is used for a refinance transaction and the amount of the refinance mortgage is greater than the sum of the unpaid principal balance of the original mortgage obligation and accrued (but unpaid) interest:
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Multistate Fixed Rate Note (Form 3200): Word
2. INTEREST. Interest will be charged on unpaid principal until the full amount of Principal has been paid. I will pay interest at a yearly rate of _____%. The interest rate required by this Section 2 is the rate I will pay both before and after any default described in Section 6(B) of this Note. 3. PAYMENTS (A) Time and Place of Payments
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Accrued interest mortgage definition