Before purchasing a new residence, whether it is your first home or you have owned several in the past, every buyer must understand the loan-to-value ratio and how to determine the amount they can borrow for this purchase. This is referred to as the loan-to-value ratio and plays a role in how much money will be needed at the time of purchase. This initial cash outlay concerns many potential buyers, and minimizing the down payment is important for this reason. How do you go about determining the loan-to-value ratio?
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