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AMOUNT FINANCED Reference Articles: Common abbreviations and slang -what do they mean? LTV - Loan to Value
Sometimes you'll hear a loan officer mention LTV. This stands for loan-to-value. LTV is the amount financed as a percentage of the home's value. If you are borrowing $90,000 http://www.brokeroutpost.com/reference/53801.htm (Updated: 05/28/2007) Related Reference Topics: [arm, niv, ltv, app, mortgage terms]
How to read a Truth-In Lending(TIL) The Truth-In-Lending Disclosure is a document that is questioned by borrowers the most. This is because the rate stipulated on the Truth-In-Lending is higher than the interest rate the borrower has be http://www.brokeroutpost.com/reference/37682.htm (Updated: 05/22/2006) Related Reference Topics: [apr, finance charge, amount financed, total payments]
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