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What's 100 percent LTVWhen the loan amount is equivalent to the property value, the LTV is 100 percent. Also known as no down payment purchase. In practice, it implies that the lender is financing 100% of the house value.LTV is an abbreviation of Loan to Value, and it is the ratio between the lo...
04/11/2021
What is the most accurate mortgage calculator?Basic calculators ask you to enter: Estimated property value or purchase price Loan amount Interest rate Loan duration The calculator will then give you the monthly payments. The problem with these calculators is that you need to guess the interest r...
01/02/2021
Successful real agents must know about hard money loans. It is a tool that could save a transaction that would otherwise die, and by doing so, the agent will add a jewel to his/her reputation crown. There are 10 aspects of any hard money loan that should be inspected and compared. All those a...
01/28/2020
Successful real agents must know about hard money loans. It is an important tool that could save a transaction that would otherwise die, and by doing so, the agent will add a new jewel to his/her reputation crown.One of the goals any real estate agent has is: Closing a real estate transaction wi...
01/24/2020