Below you'll find a list of all posts that have been tagged as “loans”
Before a lender approves a mortgage or loan application, they weigh some important factors. The Loan to Value ratio is one of those important factors. A loan-to-value ratio basically measures the loan amount against the asset’s value. To calculate the LTV ratio, divide the loan balance by the value of …
Lenders look for things that negatively impact your credit rating. They determine your credit risk based on your credit score as it’s the easiest way for them to determine your ability to pay back credit cards or loans. The 2 national credit bureaus used by consumers to determine their own …
The process of obtaining a residential mortgage is best done with the help of a mortgage broker. An expert simplifies a rather complicated process. The Canadian Mortgage and Housing Corporation report a more than a 20% increase in the total value of mortgage originations compared to the same period in 2019. …
