The Mike Parker Team
Huff Realty
60 Cavalier Boulevard, Florence, KY41042
Mike ParkerO: 859-647-0700C: 859-486-3300

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Word of the Day

Saturday, December 05, 2015

Loan-to-value ratio. Relationship of a mortgage loan to the appraised value of a piece of property.  Usually expressed to the buyer in terms of how much the lender will lend, i.e. – 75 percent financing.

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