Friday May 25, 2018
Business Online Banking ACH files that must settle prior to the holiday (Memorial Day) will need to be received on Thursday, May 24th. ACH files received on Friday, May 25th will not settle until Tuesday, May 29th.
Category: Personal Service: Consumer Loans | Updated: April 29th, 2014
LTV stands for Loan-to-Value, which is basically the loan amount on a piece of collateral divided by the value of the collateral. For example, if your home is valued at $150,000 and your mortgage was $130,000, your LTV would be $130,000/$150,000, or 87%. That ratio helps a bank determine if they can make a loan, the loan's risk level, and other factors.
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