Sentences with phrase «appraised value of the property whichever»

Not exact matches

Usually, the amount of your loan can be no more than 95 percent of the appraised property value or 95 percent of the sales price of your home, whichever is less.

Remember that when qualifying for the mortgage you're the down payment is based on the sales price or appraised value of the property, whichever is less.

LOAN TO VALUE Ratio of the mortgage to the appraised value or purchase price of the property (whichever is less), expressed as a percenVALUE Ratio of the mortgage to the appraised value or purchase price of the property (whichever is less), expressed as a percenvalue or purchase price of the property (whichever is less), expressed as a percentage.

LTV measures what percentage of a property's appraised value or selling price (whichever is less) is attributable to financing.

Loan - to - Value Ratio, or LTV as it is commonly referred to, is the ratio of loan amount to the appraised value (or the sales price, whichever is less) of a propValue Ratio, or LTV as it is commonly referred to, is the ratio of loan amount to the appraised value (or the sales price, whichever is less) of a propvalue (or the sales price, whichever is less) of a property.

LOAN TO VALUE Ratio of the mortgage to the appraised value or purchase price of the property (whichever is less), expressed as a percenVALUE Ratio of the mortgage to the appraised value or purchase price of the property (whichever is less), expressed as a percenvalue or purchase price of the property (whichever is less), expressed as a percentage.

At that point, owners or their heirs who want to keep the home can pay the debt or 95 percent of appraised value of the property — whichever is less.

Most FHA home loan programs require the borrower to make a minimum down payment of 3.5 % of either the appraised value of the property or the asking price of the home, whichever is lower.

Improvement costs can't exceed 5 percent of the property's value (not to exceed $ 8,000) or $ 4,000, whichever is greater based on appraised value.

LTV (loan to value) The ratio of the amount of a mortgage loan to the appraised value or sales price of the property mortgaged, whichever is lower.

The aggregate principal balance (s) of all mortgages on a property divided by its appraised value or purchase price, whichever is less.