Sentences with phrase «total debts on a property»

Private lenders want to see the market value and total debts on a property before they can make a decision.

Home value and total debts on a property are more important to a lender than a credit score or job history.

After dividing total debts on a property by its most recently appraised market value, private credit institutions hope to get a result lower than 85 %.

The loan amount you can get depends on the value of your home and total debts on the property.

It is obtained by dividing the total debts on a property with it current market value in the hopes of a result that is below 85 %.

This is achieved by dividing the total debts on a property by its appraised value.

Not exact matches

According to the HUD handbook, the borrower's «total fixed payment» includes the monthly mortgage payment (with property taxes and home insurance), along with the monthly obligations on all other debts and liabilities.

Martins and Curran differ on how to fix Nassau's often error - prone property tax assessment system, which is responsible for about a third of the county's total debt.

LTV on a property is calculated by dividing total debts by the price of a property.

The concentrate on a property's value and total debts as it helps them determine its LTV.

Private lenders solely focus on the market value of the property and the total of debts against it.

This is obtained by dividing the total value of debts by the market price of a property and many private lenders in Sarnia can only loan up to 85 % LTV on a house.

Dividing the total value of debts on a property by its current selling price will give you the LTV.

Please be advised, as of March 1, 2015, KHC will start bidding properties in at a specified percentage of fair market value instead of total debt on all FHA - insured properties.

FHA Requires that if a loan has received an Accept or Approve or Refer decision from an approved automated underwriting engine using FHA's TOTAL Scorecard, the lender «must obtain an explanation and documentation for recent large deposits in excess of 1 % % of the property sales price, and verify that any recent debts were not incurred to obtain part, or all, of the required cash investment on the property being purchased.»

We have defined benefit pension plans totalling $ 90,000 for both of us; approximately $ 200,000 each in RRSPs; collect approximately $ 50,000 per year in rental income from two properties (we have a mortgage of $ 100,000 combined on these properties); I'm still earning approximately $ 100,000 per year and plan to work for the next two years; my husband is retired and although he can collect early CPP, he opted not to do so to minimize taxes; we have 2 daughters; one is 17; the other is 31 and on ODSP due to an intellectual disability; we have no other debts.

If the total liabilities on the replacement property exceed the debt that had existed on the relinquished property (assuming the taxpayer does not receive any cash or other non-like-kind property), the basis of the new property will increase.

Qualifying ratios are to be computed only on those occupying the property and obligated on the loan, and may not exceed 31 percent for the payment - to - income ratio and 43 percent for the total debt - to - income ratio.

Loan to value ratio or LTV is a metric obtained by dividing the total of debts on a property by its current selling price.

It is obtained by dividing the total of debts on the property with its current selling price.

The amount an individual can borrow depends on the value of a property and total debts on it.

Dividing the total value of debts on the said property with its current selling price should give you a number less than 85 % to assure lenders that you are worthy.

Courts may consider the amount of money owed on a loan when dividing the property attached to it and balance the value of any remaining assets you receive with the total debt the court assigns to you.

Debt service is the total of all interest and principal paid on a property's loan (s) in a given year.

CPPIB agreed to pay $ 1.8 billion in equity, and assume property level debt on the portfolio, which totals 13.5 million sq. ft. and includes some of Westfield's best performing centers.