Sentences with phrase «ratios than traditional loans»

Since the property itself is used as the only protection against default by the borrower, hard money loans have lower loan - to - value (LTV) ratios than traditional loans.

Not exact matches

A reverse mortgage loan amount is determined differently than a standard or forward mortgage and you don't hear people talking about the «Loan to Value Ratios» like you would on a traditional lloan amount is determined differently than a standard or forward mortgage and you don't hear people talking about the «Loan to Value Ratios» like you would on a traditional lLoan to Value Ratios» like you would on a traditional loanloan.

If you have low - to - middling credit scores, a high loan - to - value ratio, and / or other monkey wrenches like a manufactured home or condo, HARP may be better than traditional financing — there is a 2 % cap on fees, while normal refinances can have much higher surcharges depending on the strength of your application.

An EEM allows lenders to extend borrowers» debt - to - income qualifying ratio, which means that they may be able to take out a larger home loan than would be allowed with a traditional mortgage.