Exam (elaborations)
PSI Exam: Real Estate Calculations (2022/2023)
- Course
- Institution
Loan to Value Ratio its the ratio of the loan amount to the property value, where value is the lesser of either appraised value or sales price LTVR= (loan amount/value) x 100 each discount point costs 1% of the loan amount, and means a discount of 0.25% off the mortgage rate amount paid for po...
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