Maximum Loan-to-Value Ratio
Definition of "Maximum Loan-to-Value Ratio"
The maximum allowable ratio of loan-to- value (LTV) on any loan program. Generally, these are set by mortgage insurers or by lenders and can range up to 100%, although some programs will go above 100%.
Popular Mortgage Terms
One or more persons who hove signed the note and are equally responsible for repaying the loan. When One Co-Borrower Has Much Better Credit than the Other: A problem that arises frequently ...
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A plan purporting to protect FHA homebuyers against property defects. ...
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A revers mortgage program administered by Fannie Mae. ...
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Rates and points quoted by loan providers. You cannot safely assume that mortgage price quotes are always timely, niche-adjusted, complete, or reliable. Timeliness: Most mortgage lenders ...
A mortgage Web site that shows mortgage prices posted by participating lenders, in some cases hundreds of them. ...
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