Sentences with phrase «against accumulated equity»

The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.

The loan - to - value ratio is a critical component of mortgage underwriting, whether it be for the purpose of purchasing a residential property, refinancing a current mortgage into a new loan, or borrowing against accumulated equity within a property.

Not exact matches

I've also concluded that it will be offset through accumulated other comprehensive loss and therefore against equity (see elimination entry f on pg 53 of the form 10).

The cash value that is accumulated inside the policy can be borrowed against like a home equity line of credit.

Over time you gradually accumulate what lenders call «equity,» an ownership interest in the property that you can often borrow against or convert into cash by selling the house.

Borrowing money against your home as you accumulate equity through a shrinking mortgage or an increasing property value - something almost many people in the Vancouver and Toronto markets can relate to.