Not exact matches
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.
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.
HARP
loans are specifically designed for homeowners
whose mortgages have a
loan -
to -
value ratio of 80 percent or more.