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LSDefine

Simple English definitions for legal terms

loan ratio

Read a random definition: appeal in forma pauperis

A quick definition of loan ratio:

A loan ratio, also known as a loan-to-value ratio, is a comparison between the amount of money borrowed for a mortgage and the value of the property being used as collateral. This ratio is usually expressed as a percentage and helps lenders determine the risk of lending money. For example, if someone borrows $80,000 for a property worth $100,000, the loan-to-value ratio would be 80%. Lenders typically prefer lower ratios, and anything above 80% may require the borrower to purchase mortgage insurance.

A more thorough explanation:

Definition: Loan ratio, also known as loan-to-value ratio (LTV ratio), is the percentage ratio between the amount of a mortgage loan and the value of the property used as collateral for the loan.

Example: If a person takes out a mortgage loan of $80,000 on a property worth $100,000, the loan-to-value ratio would be 80%. This means that the loan amount is 80% of the property's value. Lenders usually set a maximum LTV ratio that they are willing to lend without requiring the borrower to purchase mortgage insurance.

Explanation: The loan ratio or LTV ratio is an important factor that lenders consider when approving a mortgage loan. It helps them determine the risk associated with the loan and the amount of collateral they have in case the borrower defaults on the loan. A higher loan ratio means a higher risk for the lender, which is why they usually set a maximum LTV ratio. The example illustrates how the loan ratio is calculated and how it affects the borrower's ability to get a loan without additional costs.

loan participation | loan-receipt agreement

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0:12
@YoungThugLawyer: others said u would get yield protection rejected. Not sure tho.
windyMagician
0:13
girl you just applied
0:13
@ChowieBean: yeah. And PayPal has made honey points a big part of their eco, so if vids are true, PayPal biz is is trouble
ah ok. i did write the why umich but my softs are kinda mid (summer job, district attorney office internship, political clubs). im KJD if that helps
windyMagician
0:14
hard to say. just lay back and chill. go to the gym maybe.
0:14
Idk the dean there was high lsat so I would say sure there is a YP risk but to what degree? Who knows
i hate yield protection so much
0:15
Big brain probs
windyMagician
0:16
high stat ppl get into mich. i think mich cares much more about fit than any other school so that’s why it has a yp reputation.
0:17
^second that
0:18
what backups are even worth applying to for me? and how many? like i dont see a point in overdoing how many schools i apply to but to what extent would yall do it with my stats and with wanting to do policy/regulatory federal agency/plaintiffs
windyMagician
0:19
I’d go for the usual splitter suspects if you want true safeties — umn, florida, uga, tamu. i really have no clue with your goals I’m sorry :/
i mean from what i can gather from your profile your softs are insane and of course your stats are good as well. i dont know a lot about admissions but maybe like boston, uga, and washu could be good safeties?
0:20
Couldn’t give u an informed answer but common sense says big state schools or near DC
0:20
thank you guys. what are good big state schools - u mean CA NY etc?
windyMagician
0:21
sometimes i just wanna say fuck it and go to Nebraska. I didn’t even apply
0:21
Home of the Buffet :)
Dkk
0:23
@llama: the advisor to honey works at UCLA and wrote me a letter of rec. It's not a good time for me lol.
is georgetown known to yield protect?
windyMagician
0:23
no.
0:25
15/15 dk- news should be delayed some for verification of the state of affairs, I bet u will be good this cycle ;) (also, not ur monkey, not ur circus). @chow like UGA. UofFL UHuston etc idk tho not really knowledgeable on it
Dkk
0:26
@llama: indeed, indeed
0:27
should i prioritize sending in my T14 apps first and then targets/safeties, or mix em all together? 15/15. and thank you guys i just wanna know if youd apply to like 30 law schools all over or just keep it simple w targets and safeties.
Dkk
0:27
@ChowieBean: if I were you I would go all T14s and then like Vanderbilt, BU, whatever.
yea i agree i think you are competitive for all T14s
Dkk
0:28
I am watching legally blonde for the first time right now so bye bye good luck!
0:28
Yea get the t14 in pronto, then shotgun some off after . See ya Dkk
Dkk
0:28
Ill unprivate my profile for christmas if you want to see what I did @chowie
Dkk
0:29
Good luck!
windyMagician
0:31
goated school list dk
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