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Wednesday, 27 January 2021

The lowdown on the LTV: Why loan-to-value ratios matter to new homebuyers

The lowdown on the LTV: Why loan-to-value ratios matter to new homebuyers

When exploring the idea of buying a new home, especially if you’re a first-time homebuyer, expect to face many decisions, the most important of which are financial. Obviously, you’ll want to secure a home loan with a low interest rate so your monthly mortgage payment is in line with your budget. To do that, you should scan up your credit report and fix any issues, try to improve your credit score (see tips in our recent blog) and start saving up for a down payment. 

Continue reading The lowdown on the LTV: Why loan-to-value ratios matter to new homebuyers at Movement Mortgage Blog.



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