Sentences with phrase «applicable loan to value ratio»
Not exact matches
In a program which went into effect Monday, HUD explains that with the exception of streamline refinance transactions, the combined amount of the FHA - insured first mortgage and any subordinate lien may not exceed the applicable FHA loan - to - value ratio AND the geographical maximum mortgage amount.
http://www.fhaloanpros.com/
The cashout refinance Mortgage must comply with the applicable Loan - to - Value ratio limits and all other Freddie Mac requirements