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FHA Streamline Ref PurposeCredit Score Max Tax CLTVStreamline580 (620 High Balance)97.75×UnlimitedGeneral Purpose Streamline Refinance Terms Available 15, 20, 25 and 30 Year Fixed Rate and 5/1 ARM
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How to fill out max ltv

01
Determine the current market value of the property for which you want to calculate the maximum loan-to-value (LTV) ratio.
02
Determine the maximum loan amount you are eligible for based on factors such as your income, credit score, and debt-to-income ratio.
03
Calculate the maximum loan-to-value ratio by dividing the maximum loan amount by the current market value of the property.
04
Make sure to consider any restrictions or requirements imposed by the lender or the type of loan program you are applying for.
05
Fill out the required forms and provide the necessary documentation requested by the lender to complete the loan application process.

Who needs max ltv?

01
Anyone who is planning to borrow money for a property purchase or refinance may need to consider the maximum loan-to-value (LTV) ratio.
02
Lenders use the LTV ratio as a measure of risk and it helps determine the loan amount they are willing to provide relative to the value of the property.
03
Potential homebuyers, real estate investors, or individuals looking to access the equity in their property may all need to understand and meet the maximum LTV requirements.
04
It is also important for borrowers to consider the LTV ratio when comparing loan options and deciding on the most suitable financing option for their needs.
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Maximum Loan-to-Value (LTV) ratio is the maximum amount of a loan that can be issued as a percentage of the appraised value of the property.
Lenders and financial institutions are typically required to file the Maximum Loan-to-Value ratio for their loans.
Max LTV is typically calculated by dividing the loan amount by the appraised value of the property and then multiplying by 100 to get a percentage.
The purpose of max LTV is to determine the risk associated with issuing a particular loan based on the value of the collateral.
The loan amount, appraised value of the property, and the resulting LTV percentage must be reported on the Maximum Loan-to-Value form.
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