What is the index value of my home loan? How is it calculated?
Also, the marging of the loan, where is calculated or comes
from?
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A loan, usually a mortgage, with an initial loan amount equal to
125% of the initial property value. In other words, a 125% loan has
a loan-to-value ratio (LTV ratio) of 125%.
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Wells Fargo is a well known place for jumbo loan
refinances.There will loan up to 2 million dollars.You have to have
a high property value so you can handle the high monthly
payments.