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Loan to value and down payments. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%. For loans made against properties that the borrower already owns, the loan to value ratio will be imputed against the estimated value of the property.
This increase resulted primarily from rental revenue related to new investments as well as Endeavor Schools’ exercise of the right to convert their 3 million mortgage note into a master. our.
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