enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. 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.

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

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

   Conventional loan – What is a good loan-to-value ratio for a conventional loan?If you can make a 20 percent down payment, you won’t have to pay private mortgage insurance.That makes 80 percent ...

4. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

5. Higher lending charge - Wikipedia

   en.wikipedia.org/wiki/Higher_lending_charge

   A higher lending charge (HLC) is a charge made by mortgage lenders in the UK when the loan-to-value ratio of a mortgage is higher than they are prepared to accept at standard rates. Typically, HLCs are applied to loans in excess of 90% of the property value although, until the 1990s, the limit was usually 75%.

6. UK mortgage terminology - Wikipedia

   en.wikipedia.org/wiki/UK_mortgage_terminology

   Loan to Value (LTV) – the total loan size in relation to the value of the property. Mortgage gross lending – all new lending done in a given period, including remortgaging and new loans for house purchase. Mortgage balances outstanding – the total mortgage balances outstanding at a given point of time.

7. 5 Signs Now is the Right Time to Pay off Your Mortgage - AOL

   www.aol.com/5-signs-now-time-pay-135700397.html

   Suppose your home’s market value is $400,000 and your mortgage balance is $200,000. If you need $25,000 to pay for college or to start a business, you could do a cash-out refinance that nets you ...

8. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   Take for example a house that was purchased for $160,000 but is now worth $100,000 due to the market decline. Further, assume the homeowner owes $120,000 on the mortgage. In this scenario, the loan-to-value ratio would be 120%, and if the homeowner chose to refinance, he would also have to pay for private mortgage insurance.

9. Pros and cons of a cash-out refinance - AOL

   www.aol.com/finance/pros-cons-cash-refinance...

   In a cash-out refinance, you replace your existing mortgage with a new loan for a larger amount. This new loan pays off the original mortgage and provides additional cash you can use for any ...