BPL – Short
BPL – Short. Means a Business Purpose Mortgage Loan with respect to which (a) the related Mortgaged Property consists of (i) [***] units or less or (ii) between [***] and [***] units and with an original outstanding principal amount less than $[***] and (b) the related maturity date is less than [***] from the date of the Mortgage Note.
All Definitions
Found in
Home Point Capital Inc. contract