Sentences with phrase «total value of mortgages»
As of the first quarter of 2017, the total value of all mortgages in Canada was about $ 1.5 trillion.
canadianbusiness.com
Typically, the interest rates are between 7 % -15 % depending on the total value of mortgages, condition of property, and credit score among other factors.
LTV is obtained by dividing the total value of mortgages on a home by the selling price most recently appraised.
FHA is required by law to maintain capital reserves of at least 2 % of the total value of the mortgages it insures.
As of the first quarter of 2017, the total value of all mortgages in Canada was about $ 1.5 trillion.
This can be done by calculating the total value of mortgages then dividing the result with the most current price of the home.
The SmartBuy program pays 15 percent of the total value of a mortgage towards the homebuyers student loan debt.
Loan to value ratio is obtained by dividing the total value of mortgages by the current selling price of similar homes in the region.
This is achieved by dividing the total value of mortgages on a property by its current appraised selling price.
This metric also known as LTV is calculated by dividing the total value of mortgages on a house by its current selling price in that market.
Loan to value ratio is obtained by dividing the total value of mortgages by the current selling price of your home.
It is obtained by dividing the total value of mortgages by the selling price of a home and lenders hope to find 85 % or less LTV to issue any loan amount.
What this means in aggregate is that households with at least six - figure incomes receive more than four - fifths of the total value of mortgage interest and property - tax deductions.
- The age and gender of the homeowner - Whether or not the homeowner currently smokes cigarettes - The total value of the home and any land that accompanies it - The total value of the mortgage balance remaining for payment - The length of the insurance policy being pursued (typically the same length as the mortgage term)- The zip code of the home's location
Strong sales and construction activity pushed the total value of mortgage approvals up 17.1 per cent in 2004 compared to 2003.