Fannie Maes new RefiNow™ option, which is available for qualifying homeowners with a Fannie Mae-owned mortgage began June 5, 2021, makes it easier for eligible homeowners earning at or below 80% area median income (AMI) to refinance at a lower interest rate and reduce their monthly mortgage payment. Are you below the 80% area median […]
What is Loan to Value Ration (LTV) and why is it important? Intro 0:10 | LTV Defined 0:45 | LTV Purchase vs. Refinance 1:47 | Common LTV 1:02 | Calculating LTV 2:34 | Why LTV is Important 3:38 | Benefit of Low LTV 3:57 | Outro 4:27 Did you that a lot of people assume […]
What is Loan to Value Ration (LTV) why is it important, and how to calculate LTV? Did you that a lot of people assume that when they apply for a mortgage, that the lender will only consider their current income, credit score and their credit history. Well that’s not 100% true and in this video […]
