Exam (elaborations)
Champions Real Estate Finance Questions and Answers 100% Correct!
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Champions Real Estate Finance QuesLoan-to-Value Ratio (LTV) - ANSWERSThe percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, wh...
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