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Pitfalls in the Financing of Home Construction
March 22, 1999 " My wife and I are considering having a house built for us and I would like to know the basics of combination construction/permanent mortgages. What do we look out for?" Construction can ... more... Should the Builder Finance Construction? April 19, 1999, Revised October 10, 2002 "We are going to have a house built for us, and are wondering whether or not we should finance the construction or allow the builder to do it? Some builders won't do it but others will if the customer wants it? Is there ... more... |
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high ltv construction financing commercial related definitions |
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Loan To Value Ratio
Loan To Value Ratio Loan To Value, LTV. This is the size of the loan or mortgage as a percentage of the value of the property or price being paid for the property, eg a property valued at $120,000 with a mortgage of $108,000 would have an LTV of 90%. Loans with an LTV over ... more... Interim Financing Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more... |
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More about high ltv construction financing commercial Some Truth About Credit 3 Strategies For Buying Property With No Money Down Sub Prime Auto Financing - How to Get Approved Teach Your Teens About Credit and Reports Investing: Commercial Property The SBA's Savviest Program List Your Property Correctly & Make More Money! How I Became a Real Estate Investor Buying Country Acreage and Rural Properties, To Buy or Not To Buy Under Construction During the Storm A Hurricane Guide for Businesses that are Under Construction
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