Multiple Choice
A(n) _____ ratio specifies the maximum percentage of the value of a property that a lender is willing to loan.
A) affordability-to-expense
B) loan-to-value
C) rent-to-mortgage
D) mortgage-points-to-closing-costs
E) points-to-mortgage
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: Dick and Jane have just purchased a
Q39: A(n) _ is provided to both buyer
Q40: Fees charged by lenders at the time
Q41: In a co-op, the buyer receives title
Q42: Lowballing is a sales technique where the
Q44: The listing of properties in a local
Q45: INSTRUCTIONS: Choose the word or phrase in
Q46: Depreciation is not an important consideration since
Q47: Fixed automobile costs increase as the number
Q48: If you make a down payment of