Sentences with phrase «less existing liens»
Members can borrow up to 80 % of the value in their homes, less existing liens.
https://preferredcu.org/
Financing not to exceed 80 % Loan to Value (v) less any existing liens or loans.
Not exact matches
Chapter 13 is the only chapter that provides this; in order to «strip» a junior lien, the chapter 13 debtor must prove that the junior lien is completely unsecured - that is, that the value of the home is less than the balance of the existing first mortgage.
Home Equity — the value of a property less any and all existing liens.