Sentences with phrase «value ratio drops»

Federal law requires lenders to notify borrowers when the loan - to - value ratio drops below 80 %.

Furthermore, lenders are actually required to cancel PMI when your loan - to - value ratio drops to 78 %.

This usually happens when the Loan to Value Ratio drops to about 78 %.

If your loan - to - value ratio drops lower than 80 percent, you don't have to pay for mortgage insurance.

Not exact matches

Actually, after talking to A Marriott agent last week I found out that the 3:1 ratio of points does not drops the value in any way.

I'm confused too... we are looking to refinance our home and our mortgage broker told us, that on a FHA loan, that the PMI will drop after 5 years, regardless of the Loan to Value ratio?

What happens when the value of the house drops below the required loan to value ratio?

«We've seen a very slight drop in the credit scores of approved loans, a slight increase in the debt - to - income ratios and an increase in loan - to - value, which means people are taking advantage of low down - payment loan programs,» Corr said.

After adjusting the price of the shares for the value of the cash on hand, Microsoft's P / E ratio drops from 12 times to 10 times.

The higher the loan to value ratio on a home with a mortgage, the smaller the price drop needed to put the mortgage under water.

VTI's annual fee dropped 16.6 percent, to 0.05 percent a year, while the annual expense ratio on the $ 8.9 billion Vanguard Small Cap Value ETF (NYSEArca: VBR) fell 4.75 percent to 0.20 percent, or $ 20 for each $ 10,000 invested.

In general, the ratio of actuals to reanalysis values dropped when the satellite data were added into the reanalysis mix, but by less in NA.

Professor Nordhaus chooses 3.0 degrees C for doubling of CO2, 9 a value that empirical evidence suggests is greatly exaggerated.10 To illustrate the point, for a climate sensitivity of 1.0 degree, a value suggested by a number of empirical studies, Professor Nordhaus's «DICE» model calculates that the optimum policy's net benefits drop from about $ 3 trillion to a net cost of about $ 1 trillion, and the benefit - to - cost ratio plunges from 2.4 to 0.5.

When you get to the 80 % loan to home value ratio, you can then request the PMI on your loan be dropped.

Under the new federal law - The Homeowners Protection Act - lenders must drop PMI if the loan closed after July 29, 1999 AND the loan to value ratio reaches 78 percent of the home's original market value.

An impound account can usually be dropped on an owner - occupied loan once the loan - to - value ratio equals 80 percent or less.

Once your loan - to - value ratio is right, PMI can be dropped.

Unfortunately, developers have more need of equity partners now that loan - to - value ratios for permanent loans have dropped.

This results in an overall cost - value ratio of 62.2 percent, a drop from 66.1 percent last year.