Expert Insights: What Is a Loan-to-Value Ratio?
The loan-to-value ratio, or LTV, is the loan amount expressed as a percent of either the purchase price or the appraised value of the property. It is an important factor considered by lenders before approving a mortgage. Lenders generally prefer a down payment of 20%,...
Expert Insights: What Is APR?
The annual percentage rate, or APR, is an interest rate that differs from the loan rate. It is the actual yearly interest rate paid by the borrower, including the points charged to initiate the loan and other costs. The APR discloses the real cost of borrowing by...
Expert Insights: Is It Possible to Refinance Following a Bankruptcy?
It can be difficult to do after a bankruptcy, unless you are willing to pay very high interest rates and fees; however, if you are contemplating bankruptcy, first talk with your lender and explain your situation. If your mortgage payments are current, the lender may...
Expert Insights: Can I Refinance a Home More Than Once?
You most certainly can. During the most recent refinancing boom, for example, many homeowners refinanced their home loans two or three times within relatively short periods of time because interest rates kept treading downward, making it extremely attractive to trade...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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