Category: L

LOAN TO VALUE RATIO RETOTD: Episode 00018

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LOAN TO VALUE RATIO The amount of money borrowed in relation to the total market value of a property. Expressed as the loan amount divided by the property value. The percentage relationship between the amount of the loan and the…

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LOAN OFFICER RETOTD: Episode 00016

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LOAN OFFICER A representative of a lending or mortgage company who is responsible for soliciting home buyers, qualifying and processing of loans. They may also be called lender, loan representative, account executive or loan rep. Also referred to by a…

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