Loan Agreement

State:
Multi-State
Control #:
US-EG-9049
Format:
Word; 
Rich Text
40 downloads

Description

The Subsequent Mortgage Loan Purchase Agreement outlines the terms under which the Seller, Ameriquest Securities L.L.C., sells adjustable-rate conventional residential mortgage loans to the Purchaser, Salomon Brothers Mortgage Securities VII, Inc. This Agreement is crucial for facilitating the transfer of mortgage loans, which will be pooled into a trust fund represented by mortgage pass-through certificates. The Seller is responsible for delivering all relevant loan documents, and the Purchaser agrees to make a payment based on the Closing Balance before the Subsequent Transfer Date. This agreement also emphasizes the representations and warranties of both parties, including the Seller's authority to execute the agreement and the validity of the related mortgage loans. Attorneys, partners, owners, and associates will find this agreement indispensable for understanding obligations and rights regarding mortgage loan transactions, while paralegals and legal assistants can utilize it to ensure compliance with documentation requirements and facilitate the review process during loan transfers. Users are advised to complete all sections accurately, paying particular attention to warranties and clauses that govern defaults and repurchase obligations.
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  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage
  • Preview Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage

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Loan Agreement