Sentences with phrase «value of a loan refers»

The face value of a loan refers to the amount of principal that a borrower has to repay the lender, which is also the amount of money that the interest payment calculation is based upon.

Not exact matches

The value of the collateral is used to determine what's referred to as the loan - to - value ratio based upon the nature of the collateral.

Home equity loans are sometimes referred to as «second mortgages» because they are also secured against the value of the borrower's home or property.

Equity refers to the difference between the current estimated value of your home and the amount you have paid towards the first mortgage, this is also called an LTV (Loan to Vavalue of your home and the amount you have paid towards the first mortgage, this is also called an LTV (Loan to ValueValue).

If you are able to buy a property under market value (usually because it needs substantial rehab work), once you do the rehab work (and I don't mean «you» personally — you'd actually need to have it done by a licensed contractor under the terms of a 203k loan), you potentially get not only higher rents, but also the option to refinance the mortgage after the rehab is done (and once you've satisfied any owner - occupancy or seasoning requirements from the lender), which can be especially useful if you want to purchase additional rental properties (something sometimes referred to as the «BRRR method», for «Buy, Rehab, Rent, Refinance).

While bonds are often referred to as «fixed - income» securities they carry risks such as interest rate risk (the movement of interest rates that can positively or negatively affect the value of the bond at redemption) and default risk (the risk that the bond issuer will go bankrupt or become unable to repay the loan).

Real estate professionals can refer you to home inspectors and provide opinions of value; mortgage lenders use in - house or independent appraisers for determining home value for mortgage and refinance loans.

This distinction refers to whether policy loans will negatively impact the dividend rate that is being paid on the policy cash value, and of course, taking policy loans are a major aspect of insurance policy growth in the infinite banking world.

The value of the collateral is used to determine what's referred to as the loan - to - value ratio based upon the nature of the collateral.

«Net worth» and «wealth» are used interchangeably and refer to the difference between the value of assets owned by a household (such as home, stocks and savings accounts) and its liabilities (such as mortgages, credit card debt and loans for education).

Unlike margin in the stock market, which is a loan from a broker to the client based on the value of their current portfolio, margin in the futures sense refers to the initial amount of money deposited to meet a minimum requirement.

The interest rate for a typical home equity loan needs to take several factors into account: the risks to the lender, the duration of the loan, the flexibility offered to the borrower, and the amount of the loan in relation to the amount of equity available (referred to as the Loan to Value (Lloan needs to take several factors into account: the risks to the lender, the duration of the loan, the flexibility offered to the borrower, and the amount of the loan in relation to the amount of equity available (referred to as the Loan to Value (Lloan, the flexibility offered to the borrower, and the amount of the loan in relation to the amount of equity available (referred to as the Loan to Value (Lloan in relation to the amount of equity available (referred to as the Loan to Value (LLoan to Value (LTV).

Home - equity refers to your home's fair market value minus any outstanding loans or interest that may represent a 3rd party's ownership of your home.

Sometimes referred to as an umbrella rider, gap insurance will pay the difference between the actual book value of your car, and the remaining balance on your car loan — if the amount that you owe on a car is higher than what the car is actually worth.

This distinction refers to whether policy loans will negatively impact the dividend rate that is being paid on the policy cash value, and of course, taking policy loans are a major aspect of insurance policy growth in the infinite banking world.

Loan to Value — This frequently used term refers to the ratio between the appraised value of a property to the amount of the loan request; it is often abbreviated as Loan to Value — This frequently used term refers to the ratio between the appraised value of a property to the amount of the loan request; it is often abbreviated asValue — This frequently used term refers to the ratio between the appraised value of a property to the amount of the loan request; it is often abbreviated asvalue of a property to the amount of the loan request; it is often abbreviated as loan request; it is often abbreviated as LTV.

Loan - to - Value Ratio, or LTV as it is commonly referred to, is the ratio of loan amount to the appraised value (or the sales price, whichever is less) of a propeLoan - to - Value Ratio, or LTV as it is commonly referred to, is the ratio of loan amount to the appraised value (or the sales price, whichever is less) of a propValue Ratio, or LTV as it is commonly referred to, is the ratio of loan amount to the appraised value (or the sales price, whichever is less) of a propeloan amount to the appraised value (or the sales price, whichever is less) of a propvalue (or the sales price, whichever is less) of a property.

The «hard» in hard money refers to the fact that these lenders use an asset - based underwriting that focuses largely on the value of the property rather than a borrower's credit - worthiness and offers lower loan - to - value (LTV) rates than the banks do.

Proposed comment 38 (f)(1)-3 would have clarified that any amount disclosed as paid from the creditor to the loan originator is calculated as the dollar value of all compensation to the loan originator and referred to comments 36 (d)(1)-1, -2, -3 and -6 for further guidance on the components of compensation to a loan originator.