Related FAQs
Learn the minimum credit score for conventional loan approval with Better Mortgage, and see what. Read more
Learn the minimum credit score for conventional loan approval with Better Mortgage, and see what. Read more
Better Mortgage offers both fixed-rate conventional loans and adjustable-rate mortgages (ARMs) with a range of terms. See what terms are available for you. Read more
Better Mortgage offers both fixed-rate conventional loans and adjustable-rate mortgages (ARMs) with a range of terms. See what terms are available for you. Read more
A loan-to-value (LTV) ratio is an equation that lenders use to assess the amount of risk associated with a home loan. LTV is calculated by dividing the total home loan amount by the appraised market value of the home. Typically, if the LTV ratio is higher than 0.8, lenders require private mortgage insurance (PMI) to offset the higher risk of default. Read more
A loan-to-value (LTV) ratio is an equation that lenders use to assess the amount of risk associated with a home loan. LTV is calculated by dividing the total home loan amount by the appraised market value of the home. Typically, if the LTV ratio is higher than 0.8, lenders require private mortgage insurance (PMI) to offset the higher risk of default. Read more