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 What is LTV in a mortgage?

Answer LTV stands for loan to value. It is a ratio used by lenders to determine the percentage of the home's value is being financed. It is found by dividing the loan amount into the appraised value of th... Read More »
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Top Q&A For: What is LTV in a mortgage

What Do Mortgage Companies Charge When a Home Mortgage Is Paid Off?

Selling or refinancing a home usually involves paying off an existing mortgage. In calculating a payoff, which will satisfy and zero out the balance, all unpaid fees and interest must be included, ... Read More »
http://www.ehow.com/about_6369767_do-home-mortgage-paid-off_.html

What is the difference between a mortgage and a second mortgage?

A mortgage is a home loan. There are numerous types of home loans. However, the two most often procured are first and second mortgages. Each type of mortgage has different rules and regulations.Sig... Read More »
http://www.answerbag.com/q_view/1972531

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »
http://www.ehow.com/about_7351411_do-changed-fixed-rate-mortgage_.html

Does Saxon Mortgage have a grace period for mortgage payments?

According to Saxon's website, the mortgage lender does have a grace period for mortgage payments. If a borrower goes past his grace period, Saxon assesses a late fee. The company offers online paym... Read More »
http://www.answerbag.com/q_view/2256477


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