Discover the difference between home equity loans vs cash-out refinances. Learn the financial implications of each option for accessing property value.
Min. Credit Score · 580 ; Days to Close · 30-60 days ; Mortgage Rates · Start at 6.658% ; Loan Types Offered · VA, FHA, Conventional, Jumbo
How much equity do you need to refinance? Many loan programs require at least 20%, but some lower-equity options exist.
A rate and term refinance allows homeowners to replace their mortgage term with a new loan and rate. Learn how a rate and term refinance works and its benefits.
The loan-to-value (LTV) ratio is a lending risk assessment ratio that financial institutions and other lenders examine before approving a mortgage.
The loan-to-value ratio measures the difference between the mortgage amount and the current market value of a home. Learn everything you need to know about LTV ratios.
It can be challenging to pick the best type of refinance loan for your situation, but this guide will help you understand your best refinance options.
Your loan-to-value ratio can have a big impact on how much you pay in interest and what happens when you want to sell.
ON THIS PAGE ; What is Loan to Value Ratio? · How to Calculate LVR · What is a Good LVR? · How Does LVR Affect Your Interest Rate? · How Can LVR Affect Your LMI Cost? · How Can You Reduce Your LVR? · Are There Home Loans with 100% LVR? · What are the Risks of High LVR Home Loans?
Expand access to sustainable homeownership to first-time home buyers with Fannie Mae's 97 percent loan-to-value (LTV), low-down payment mortgage program