Home Loans
Mortgage Loan Loan to Value Ratio Explained
(presented by www.refinance-refinance.net - mortgage lenders)
By Louie Latour
The loan to value ratio is an important aspect of your mortgage application. This ratio affects your approval status and the interest rate you qualify for. Here is what you need to know about loan to value ratios.
The loan to value ratio represents the part of home you are financing against the total value of the property. Mortgage lenders have specific guidelines for lending at a certain value of this ratio. If you are outside of the guidelines for a particular lender
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