Draft legislation for covered bonds has not been published, but media reports indicate that eligible assets for mortgage covered bonds will include primary mortgage loans with a
maximum loan-to-value ratio of 80 per cent.
The law proposed several changes, including banks and other financial institutes becoming licensed to offer mortgages up to a
maximum loan-to-value ratio of 70.
Further, the special purpose subsidiaries now collectively own 54 aircraft and related equipment and leases, with an average appraised base value resulting in an initial loan-to-value ratio of about 55% as of 31 December 2012, while the
maximum loan-to-value ratio remains at 63%.
The
maximum loan-to-value ratio of mortgage loans for standalone car park spaces will be set at 40% and the maximum loan tenor at 15 years.
The
maximum loan-to-value ratio is 70 percent on conforming loan amounts.
Brough concludes that: "Whilst we don't want to see the return of the 100% LTV mortgage a return to 90% based upon todays realistic values would certainly fuel the housing market nationwide" KEY STATISTICS 48% of respondents say that land values have risen slightly, but 43% indicate no change 30% of respondents report that the
maximum loan-to-value ratio available for debt finance was 60%.
According to an April 30 bulletin, the KDCU said it recently reviewed some MBLs that exceeded the
maximum loan-to-value ratio of 80%.
However, most real estate funds have limitations imposed by the fund documents as to the maximum amount of debt they can incur--typically a
maximum loan-to-value ratio ranging from 60 to 80 percent.
On conventional loans, the
maximum loan-to-value ratio is typically 90 percent - which means lenders will make a loan for 90 percent of the home's appraised value - for refinances in which borrowers are seeking to get some cash back, but "it comes at a pretty hefty price," LaVassaur says.
95% until December 30, 2006 allows
maximum loan-to-value ratio of 95%, with the arrangement fee cut from pounds 200 to pounds 395.
5% = Interest rate (monthly payments) 75% =
Maximum loan-to-value ratio 9.
Mezzanine debt, as it's called, is high-yield, high-risk financing for commercial properties that need more debt than the
maximum loan-to-value ratio allowed by lenders, according to Pergolis Swartz Associates, one of the most active commercial mortgage brokerage firms in the New York area.
