Sentences with phrase «loan to value references»

Not exact matches

Hard - money lenders typically base loans exclusively on property value with little reference to borrower creditworthiness.

The term «proceeds and avails», in reference to policies of life insurance, includes death benefits, accelerated payments of the death benefit or accelerated payment of a special surrender value, cash surrender and loan values, premiums waived, and dividends, whether used in reduction of premiums or in whatever manner used or applied, except where the debtor has, after issuance of the policy, elected to receive the dividends in cash.

You'll often see down payments referenced in terms of loan - to - value (LTV) ratio.