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Category: Uncategorized

High LTV Mortgages

Having a low LTV is definitely a key factor in obtaining a mortgage. Although lenders want to see low LTVs, there are mortgage loan programs for borrowers with high LTVs and even some that do not take LTV into account. Following are some loan programs for borrowers with a low LTV ratio who want to … Continue reading High LTV Mortgages

Loan-To-Value Ratio

Loan-To-Value Ratio

The LTV (loan-to-value) ratio is calculated by dividing the appraised value of the home by the amount of the loan. This figure will be assessed during the underwriting process. As a general rule, borrowers who have lower LTV ratios pose less of a risk to the borrower, since they have more equity in their properties. … Continue reading Loan-To-Value Ratio

Shopping For A Mortgage

Shopping For A Mortgage

When you are shopping for a mortgage you may become overwhelmed by foreign terms. Even though your lender and real estate agent will help you understand any unfamiliar financial terms, it’s nice to have a good understanding of the more important ones. This way you won’t need a translator when you hear financial jargon. If … Continue reading Shopping For A Mortgage

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