Sentences with phrase «by appraised value of a property»

The loan to value (LTV) ratio is calculated by dividing the total debts by the appraised value of a property.
The LTV ratio is calculated as the amount of the mortgage lien divided by the appraised value of the property, expressed as a percentage.
This number is figured by dividing the amount you owe on your mortgage by the appraised value of the property.
LTV is equal to the value of existing debts divided by the appraised value of the property.
Loan to value (LTV) is determined by dividing all outstanding loan balances by the appraised value of the property.
This is a metric calculated by dividing total debts by appraised value of a property.
It is obtained by dividing mortgages by the appraised value of a property.
It is a percentage calculated as the amount of your mortgage divided by the appraised value of the property.
The loan - to - value ratio (LTV) is calculated as the amount of all mortgage and equity liens on your property divided by the appraised value of the property, expressed as a percentage.
A conventional mortgage will be limited by the appraised value of the property; this can be problematic for foreclosed homes as the state of disrepair can lead to extremely low valuations.

Not exact matches

LTV Ratio Applied to Appraised Value: Multiply the appraised value of the property by the appropriate factor as shown in the chart in HUD Handbook 4155.1 REV - 5 (1 - 12) for the property's value and the State where it the property isAppraised Value: Multiply the appraised value of the property by the appropriate factor as shown in the chart in HUD Handbook 4155.1 REV - 5 (1 - 12) for the property's value and the State where it the property is locValue: Multiply the appraised value of the property by the appropriate factor as shown in the chart in HUD Handbook 4155.1 REV - 5 (1 - 12) for the property's value and the State where it the property isappraised value of the property by the appropriate factor as shown in the chart in HUD Handbook 4155.1 REV - 5 (1 - 12) for the property's value and the State where it the property is locvalue of the property by the appropriate factor as shown in the chart in HUD Handbook 4155.1 REV - 5 (1 - 12) for the property's value and the State where it the property is locvalue and the State where it the property is located.
By dividing secured debts against appraised selling price of property, they get the loan to value ratio, which shows what percentage of the home you own.
An opinion of the fair value of a property, generally by a qualified and / or licensed professional an appraise.
The loan to value ratio is calculated by dividing debts by the appraised price of property.
A property's LTV can be found by dividing the value of the registered mortgages by the appraised selling price of the property.
The information needed to complete the appraisal ranges from comments by the appraiser, if applicable, legal description, sales price, square footage and price per square foot, age, condition, total rooms, date of appraised value and appraised value, among hundreds of other identifying aspects of the property.
After dividing the value of loans by the appraised price of a home, our lenders will loan up to 85 % LTV on the property.
Origination Fee The fee charged by a lender to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the face value of the loan.
Put simply, the loan - to - value ratio, or «LTV ratio» as it's more commonly known in the industry, is the mortgage loan amount divided by the lower of the purchase price or appraised value of the property.
Appraised value: estimated value of a property as determined by a lister / assessor before any adjustments are made to that value for taxing purposes.
The appraised value is calculated by the value of other properties that are up for selling in your area.
The LTV ration is calculated by dividing the loan amount by market or appraised value of the property.
This is a percentage that is calculated by dividing the amount of your home loan by the purchase price (or appraised value) of the property you want to buy.
The value of the item (s) must be deducted from the sales price and the appraised value of the property (if not already done so by the appraiser) before applying the LTV ratio.
LTV is calculated by dividing the value of mortgages by the most recently appraised price of a property.
This is achieved by dividing the total value of debts against the current appraised selling price of a property.
• The age of the borrower, or of the age of the younger spouse; the older the homeowner, the more money the homeowner is eligible to receive • The appraised value of the property, minus the cost of any health or safety repairs required to bring the home up to code • The lending limits (where applicable); lending limits vary on a county by county basis • Interest rates, which are determined by the U.S. Treasury or LIBOR Index • The payment plan selected by the borrower
It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD / FHA or VA requirements a written statement issued by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement Lender, setting forth the appraised value of the property of not less than $.
Lenders have to calculate a value known as Loan to Value (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vvalue known as Loan to Value (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vValue (LTV) ratio, which is equivalent to the value of existing debts on a property divided by the current appraised vvalue of existing debts on a property divided by the current appraised valuevalue.
The loan to value ratio of a property is obtained by dividing total mortgages by its appraised value.
Dividing the total value of debts by the appraised property price results in a value known as loan to value (LTV), which helps home equity lenders decide who to assist.
This metric is gained by dividing the total of loans on a property with its appraised value.
This is calculated by dividing the amount of your home loan by the purchase price (or appraised value) of the property.
Your LVR is calculated by dividing the amount of your home loan by the purchase price (or appraised value) of the property.
She also requests a tax certificate, a status certificate to ensure that common element expenses are paid to date, a proper appraised value of the property and a request for an assignment of the rent registered on title to ensure rent can be collectable by the lenders in the event of default on rental property.
For reverse mortgages that are subject to the Rule, a loan originator's compensation may be based on either (a) the maximum proceeds available to the consumer under the loan; or (b) the maximum claim amount (if the mortgage is an FHA - insured Home Equity Conversion Mortgage subject to 24 C.F.R. part 206), or the appraised value of the property, as determined by the appraisal used in underwriting the loan (if the mortgage is not subject to 24 C.F.R. part 206).
Conventional mortgage - A first mortgage granted by an institutional lender wherein the amount of the loan does not exceed 75 % of the appraised lending value of the property.
This type of private mortgage fund, sometimes called a «hard money fund» protects its investors by limited lending to a conservative ratio between the amount of loan principal and the appraised value of the property.
«Buyers feel reassured with respect to the value of their investments because it was validated by a Crown corporation, while the CMHC does not appraise the real value of the purchased property.
Loan - To - Value Ratio The ratio between the amount of any mortgages against a property divided by the sales price or appraised vValue Ratio The ratio between the amount of any mortgages against a property divided by the sales price or appraised valuevalue.
But Bronson was able to counter this by producing a handwritten note from the nonprofit organization's treasurer authorizing him to reduce the price of the property to the appraised value, which was the price his buyer had agreed to pay.
The aggregate principal balance (s) of all mortgages on a property divided by its appraised value or purchase price, whichever is less.
A small bank commenter also argued that the rule should expressly state that the calculation of mortgage insurance may be based on the estimated value of the property provided by the consumer and loan amount, since appraised values may differ significantly from estimates.
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