American_Bankers_Association
CTFA · Question #201
The maximum percentage of the value of a property that the lender is willing to loan is called:
The correct answer is A. Loan to value ratio. See the full explanation below for the reasoning.
Question
The maximum percentage of the value of a property that the lender is willing to loan is called:
Options
- ALoan to value ratio
- BPrivate mortgage
- CPrice earnings ratio
- DMortgage points
How the community answered
(27 responses)- A78% (21)
- B4% (1)
- C4% (1)
- D15% (4)
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