Loan-To-Value (LTV) Explained | Homespire Mortgage
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- เผยแพร่เมื่อ 15 พ.ค. 2023
- LTV ratio is the percentage of your loan amount compared to the appraised value of the asset you’re borrowing against. It’s a key metric used by lenders to assess risk and determine loan eligibility.
Understanding LTV ratio empowers you to make sound financial choices. If you’re in the market to buy, give your Homespire Loan Officer a call to discuss your options.
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Homespire Mortgage Corporation. Equal Housing Lender. All Rights Reserved. NMLS ID # 183215.
Corporate Office: 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878. 1-800-531-5395 This is not an offer for a loan or any type of extension. Eligibility for a loan or extension of credit from Homespire Mortgage Corporation is subject to completion of a loan application, credit, income, and employment qualification, and meeting established underwriting criteria. Rates are subject to change without notice based on market conditions. See Loan Consultant for information on program income limits, buyer contribution, area median income, debt requirements, and other application details.
