Sentences with phrase «insured first lien»

Efficiently prepared requirements for transferred clean title and insured first lien position, by verifying title commitments and tax certifications for accuracy, outstanding liens, and exceptions to the title commitments.

Existing Debt: Add the sum of the existing FHA insured first lien, closing costs, reasonable discount points and the prepaid expenses necessary to establish the escrow account, and subtract any refund of upfront mortgage insurance premiums (UFMIP) as described below.

Not exact matches

a) The loan is limited to a combined LTV (FHA insured first mortgage and any subordinated lien) of 85 % of the appraised value, provided the borrower has owned the property for at least one year.

In a program which went into effect Monday, HUD explains that with the exception of streamline refinance transactions, the combined amount of the FHA - insured first mortgage and any subordinate lien may not exceed the applicable FHA loan - to - value ratio AND the geographical maximum mortgage amount.

* Under certain conditions explained below, FHA will insure first mortgages where (1) the existing note holder writes off the amount of indebtedness that can not be refinanced into the FHA insured mortgage; or (2) either the FHA approved lender making the new mortgage or the existing note holder may take back a second lien that includes closing costs, arrearages or previous secondary financing if the indebtedness exceeds FHA prescribed LTV and maximum mortgage amount limits.

Title Insurance We require an acceptable ALTA Loan Policy (or equivalent in Texas, Florida and California) issued by an approved national title insurer, insuring the Loan as a valid first lien on the security (unless another priority is specified in the loan commitment) without exception other than taxes not yet due and payable and such other exceptions as we approve.

The hard money loan is for Redmond real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Burien real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Littleton real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The hard money loan is for Renton real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Mercer Island real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The hard money loan is for Kirkland real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Boulder real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.

The bridge loan is for Issaquah real estate only, and must be in first lien position secured with a Deed of Trust and insured with a Lender's Title policy.