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Combined Loan-To-Value ratio (CLTV) is the proportion of loans (secured by a property) in relation to its value. The term "Combined Loan To Value" adds...
Compound dividends are dividends added to the principal of a deposit or loan so that the added dividend also earns dividends. This addition...
An agreement between a general contractor and an owner/developer stating the specific duties the general contractor will perform according to blueprints...
Learn more about building your dream home with the Members 1st Construction Loan.
A partial disbursement of the construction loan based on the schedule of payments in the loan agreement.
Our construction loan overview including builder questionnaire, loan guide, and origination overview.
Catch up with the latest news and events from Members 1st.
An assessment of the likelihood that a borrower can fulfill his or her loan (debt) obligations. It is based upon factors, such as his/her history of...
Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. Common loans people want to consolidate are high...
The document by which title to real property is transferred or conveyed from one party to another.
