Home Buying: Can PMI be based on assessed value to loan amount ...
Aug 5, 2010 . If you buy it for more than appraised value, is is safer for the lender to assume . Loan to value is determined by the lesser of the selling price or .
http://www.trulia.com/voices/Home_Buying/Can_PMI_be_based_on_assessed_value_to_loan_amount_-236421
LTV
The value portion of the Loan to Value equation is determined by the lower of the purchase price or appraised value when you are buying a home. The most .
http://www.goodmortgage.com/Learn/Terms/LTV.html
What Is the Down Payment? - The Mortgage Professor
. payment is the lower of sale price and appraised value less the loan amount. . I put 20% down -- $48,000 on a $240,000 home purchase – but I'm told that I .
http://www.mtgprofessor.com/A%20-%20Down%20Payment/what_is_the_down_payment.htm
A Loan To Value Ratio Defined
The lender tells the couple that it can loan up to an 80% loan to value on the purchase price or the appraised value of the home the couple is looking to .
http://qna.mortgagenewsdaily.com/questions/a-loan-to-value-ratio-defined
Up to 102% LTV / .3% ANNUAL FEE ... - USDA Rural Development
Not limited to lower of appraised value or purchase price. Customary closing costs and repairs can be financed up to the appraised value. Loan amount can .
http://www.rurdev.usda.gov/SupportDocuments/MO-GRH-FactSheet_02-2012.pdf
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High loan to value, California hard money loans
80% LTV. County: Los Angeles. "As-Is" Value: $675,000. Purchase Price: $610,000. Term: . High LTV hard money based on the purchase price only. No fund .
http://www.vanguardhardmoney.com/loans/recent_fundings_purchase_price.aspx
thanks very much for the information
Loan-to-value ratio - Wikipedia, the free encyclopedia
Lenders can require borrowers of high LTV loans to buy mortgage insurance to protect the lender from the buyer default, which increases the costs of the .
http://en.wikipedia.org/wiki/Loan-to-value_ratio
How LTV and CLTV Will Affect Your New Home Loan - Loan Page
Basically, your mortgage lender will add up all liens on the property before dividing by the purchase price. Combined Loan-To-Value: The Big Picture .
http://www.loanpage.com/articles-and-advice/new-home-loan/how-ltv-and-cltv-will-affect-your-new-home-loan.aspx