What is Loan to Value?

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You may hear your lender, your realtor, or maybe your insurance agent refer to your Loan To Value or LTV.  The loan to value is the amount of money your are borrowing divided by the the value of the property.  SO if you are borrowing $80,000 on a home that is worth $100,000, your loan to value would be 80%.

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Joe

Chief Operating Officer

Joe Harris is the COO of Morgan Financial, where he oversees operations, sales, and marketing to ensure a fast, enjoyable, and consistent mortgage experience. With more than 25 years in the industry and over $1 billion funded, Joe combines deep expertise with a passion for helping clients achieve homeownership. He is also dedicated to training and equipping loan officers with the tools and strategies they need to thrive in a competitive market.

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