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2. What is a loan-to-value ratio? - AOL

   www.aol.com/finance/loan-value-ratio-184253472.html

   There are two types of DTI: a front-end ratio and a back-end ratio. Between the mortgage LTV and DTI ratios, if the lender deems you a greater risk, you’ll likely pay a higher interest rate ...

3. 4 ways to get equity out of your home — and what to know ...

   www.aol.com/finance/how-to-get-equity-out-of...

   Loan-to-value ratio below 85%. ... 🏠 Home equity line of credit ... and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a ...

4. How much equity can I borrow from my home? (And why isn’t it ...

   www.aol.com/finance/much-equity-borrow-home-why...

   Example of how tappable home equity dwindles. Say you own a home you believe to be valued at $400,000, and your primary mortgage balance is $250,000.

5. Loan-to-value ratio - Wikipedia

   en.wikipedia.org/wiki/Loan-to-value_ratio

   The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased.. In real estate, the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.

6. HELOCs and home equity loans are up. Why are more people ...

   www.aol.com/finance/helocs-home-equity-loans-why...

   Those look different from lender to lender, but generally, you’ll need to have a sizable chunk of equity, a credit score in the mid-600s (higher is better), a debt-to-income ratio below 43 ...

7. Home equity loan - Wikipedia

   en.wikipedia.org/wiki/Home_equity_loan

   There is a specific difference between a home equity loan and a HELOC. A HELOC is a line of revolving credit with an adjustable interest rate whereas a home equity loan is a one time lump-sum loan, often with a fixed interest rate. With a HELOC the borrower can choose when and how often to borrow against the equity in the property, with the ...

8. Home equity - Wikipedia

   en.wikipedia.org/wiki/Home_equity

   Home equity is the market value of a homeowner's unencumbered interest in their real property, that is, the difference between the home's fair market value and the outstanding balance of all liens on the property. The property's equity increases as the debtor makes payments against the mortgage balance, or as the property value appreciates.

9. What is a debt-to-income ratio for a mortgage? - AOL

   www.aol.com/finance/debt-income-ratio-mortgage...

   Key takeaways. Your debt-to-income (DTI) ratio is a key factor in getting approved for a mortgage. The lower the DTI for a mortgage the better. Most lenders see DTI ratios of 36 percent or less as ...