Sentences with phrase «whose loan to value»

Not exact matches

For homeowners who owe more on their mortgage than their house is worth, or whose mortgage amount is more than 80 % of their home value, HARP provides a way to switch into a more affordable loan.

As most of these loans were collateralized by land whose values plummeted after the bubble burst, and cash flows were inadequate to repay the loans, these became nonperforming.»

For homeowners who owe more on their mortgage than their house is worth, or whose mortgage amount is more than 80 % of their home value, HARP provides a way to switch into a more affordable loan.

Loan to value ratio is the most important figure for a private lender whose main interest is the real estate market.

A home whose total debt value is $ 800,000 and a selling price of $ 1,000,000 will, therefore, have a loan to value ratio of 85 %, the maximum that a private lender allows.

As a homeowner whose home values has climbed, you may also be eligible to drop your FHA mortgage insurance premiums (MIP) altogether via a refinance into a conventional loan.

An underwater trade - in refers to a used car whose market value is lower than the current auto loan balance on that vehicle.

In August 2016, the FHFA announced that, at its conclusion, HARP will be permanently replaced by a new refinance «option» specifically aimed homeowners whose home's loan - to - value (LTV) exceeds 95 %.

Stocks that are eligible to be loaned out are all «fully - paid» stocks (stocks not held on margin) and «excess - margin» stocks (stocks held on margin but whose market value exceeds 140 % of your margin debit balance).

THE VAHLC HAP military short sale VA loan avoidance program is designed to assist homeowners whose 1) property value is less than the mortgage balance and 2) who need to sell their home.

With mortgage rates remaining near 5 %, more buyers can qualify for home loans, and homeowners wishing to refinance can take advantage of FHA guidelines allowing for higher loan - to - value ratios; this can assist homeowners whose mortgage amounts exceed 80 % of home value due to falling home values.

Even conventional borrowers with ARM and hybrid mortgages could face a crunch, especially those who stretched their finances to buy a home, those who took advantage of loose lending standards by taking out big loans without showing documented proof they could afford it, and those whose home values have plummeted below the mortgage amount.

Nick Timiraos reports: There's two big groups of people who may see little relief from the provision from President Obama's housing plan that would allow more borrowers to refinance: jumbo borrowers with loans that are too big for government financing and homeowners whose first mortgage exceeds 105 % of the value of their home.

In another case recently — a distressing case of a widow in her nineties, whose husband borrowed a modest amount on the security of their home on terms that interest would roll up, being told she now has to repay the loan which has grown to be more than the value of the house; but the solicitor had built his case on the interest rate being higher than the Bank of England base rate and I had to tell him that this was permissible (and any lender would need to charge a margin).

HARP loans are specifically designed for homeowners whose mortgages have a loan - to - value ratio of 80 percent or more.

Real Estate Fix & Flip Hard Money Loans are for short - term investors whose goal is to buy, add value to, then sell the property or refinance into a longer - term loan.