What Is LTV And Loan To Value Have To Do With How To Buy A Home?

Here is a simple explanation if you plan on buying any real estate soon whether it be Santa Maria real estate or not on LTV which is a big factor in knowing how to buy as home since it is one of the most important lending guidelines that lenders use to qualify you for your new mortgage home loan. One of the factors lenders consider before they approve a mortgage is the loan-to-value ratio (LTV). The LTV is the loan amount expressed as a percent of either the purchase price or the appraised value of the property. So, if you make a 20 percent cash down payment on a property you're

how to buy A Home