Loan to value ratio ltv Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Loan to value ratio ltv? On this page you'll find 343 study documents about Loan to value ratio ltv.
All 343 results
Sort by
-
CHAMPIONS REAL ESTATE FINANCE GRADED A+ ALREADY PASSED 2023
- Exam (elaborations) • 22 pages • 2023
-
Available in package deal
-
- $15.39
- 2x sold
- + learn more
Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers more than one piece of property. 
 
Wraparound Mortgage - c...
-
SOMB II Practice Test | questions and answers with complete solution
- Exam (elaborations) • 4 pages • 2023 Popular
-
- $9.99
- 1x sold
- + learn more
SOMB II Practice Test | questions and answers with complete solution 
 
When refinances as a percentage of total originations rise, does profitability at large banks tend to rise or to fall? - Fall 
What are the top three Mortgage lender's main sources of income? - - Fees negotiated at origination 
- Gain on sale 
- Interest Income 
Interest income earned at the note rate from the date a loan closes until it is sold belongs to? - The lender 
Which type of loan sale generates the most revenue ...
-
Champions Principles of Real Estate 2 questions with correct answers
- Exam (elaborations) • 9 pages • 2023
- Available in package deal
-
- $7.99
- 4x sold
- + learn more
appraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report CORRECT ANSWER exterior only/drive by inspection. deemed as low risk loan 
 
highest and best use of property CORRECT ANSWER legal use that gives the greatest return 
 
Principal of Contribution CORRECT ANSWER cost does not equal value 
...
-
Champions Real Estate Finance graded A+ already passed 2023
- Exam (elaborations) • 20 pages • 2023
-
Available in package deal
-
- $14.99
- 2x sold
- + learn more
Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. 
 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. 
 
Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) 
 
Blanket Mortgage - correct answer Covers ...
-
Champions Principles of Real Estate 2 Exam Questions with Correct Answers
- Exam (elaborations) • 7 pages • 2023
-
Available in package deal
-
- $13.39
- 1x sold
- + learn more
Champions Principles of Real Estate 2 Exam Questions with Correct Answers 
appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan 
 
highest and best use of property - ANSWER legal use that gives the gre...
-
Champions Principles of Real Estate 2
- Other • 6 pages • 2023
-
Available in package deal
-
- $10.99
- 1x sold
- + learn more
appraisal - Answer- value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) - Answer- The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report - Answer- exterior only/drive by inspection. deemed as low risk loan 
 
highest and best use of property - Answer- legal use that gives the greatest return 
 
Principal of Contribution - Answer- cost does not equal value 
 
Residential Mortgage Lo...
-
Champions Real Estate Finance Final Exam With Correct Answers 2024
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
-
- $14.99
- 1x sold
- + learn more
Champions Real Estate Finance Final 
Exam With Correct Answers 2024 
Loan-to-Value Ratio (LTV) -CORRECT ANSWER-The percentage of the lesser of the 
appraised value or sales price that the lender will lend. 
ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 
80% of the sales price or appraised value, whichever is lower. 
Package Mortgage -CORRECT ANSWER-Includes both real and personal property ( 
fixtures and furnishings) 
Blanket Mortgage -CORRECT ANSWER...
-
Champions real estate finance Exam Questions with Verified Answers
- Exam (elaborations) • 8 pages • 2023
-
Available in package deal
-
- $12.49
- 3x sold
- + learn more
mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors 
 
Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing 
 
Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk 
 
Origination - Answer- The process of creating a new mortgage loan 
 
U...
-
Champions Real Estate Finance | 188 Questions and Answers 100% Correct
- Exam (elaborations) • 20 pages • 2023
-
Available in package deal
-
- $13.49
- 1x sold
- + learn more
Champions Real Estate Finance | 188 Questions and Answers 100% Correct
-
Principles of real estate II (Champions) Exam with complete solutions
- Exam (elaborations) • 8 pages • 2023
-
Available in package deal
-
- $12.49
- 1x sold
- + learn more
Functional obsolescence - Answer- Refers to the loss in desirability of the style, layout or function of an element of a property over time 
 
Sales comparison - Answer- best indicator of value for existing properties 
 
highest and best use - Answer- the legal use for property that gives the greatest return in money and/or amenities 
 
external obsolescence - Answer- the loss in value of a property caused by factors outside the property itself 
 
principle of contribution - Answer- suggests the...