by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program you may qualify for. Since the LTV Ratio is a major component of getting approved for a new mortgage, it’s a...
by Ed & Barbara Heiser | May 11, 2018 | Real Estate Appraisals
Most people are surprised to learn what appraisers actually look at when determining the value of a real estate property. A common misconception homeowners generally have is that the value of their home is determined after the appraiser has completed their physical...
by Ed & Barbara Heiser | May 11, 2018 | Mortgage Approval Process
Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers will get used to hearing. DTI is a component of the mortgage approval process that measures a borrower’s Gross Monthly Income compared to their credit payments and...
Recent Comments