The amount of equity available is determined by the loan-to-value ratio of the home and the ratio requirement of the lender. A loan-to-value ratio is calculated by taking total mortgage debt and dividing it by the current, appraised value of the home.
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Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. 
NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
This icon indicates a link to third-party content. By clicking on the link, you will leave our website and enter a site not owned by the bank. The site you will enter may be less secure and may have a privacy statement that differs from the bank. The products and services offered on this third-party website are not provided or guaranteed by the bank.
Jefferson Bank, a division of The Central Trust Bank. Member FDIC. Equal Housing Lender. NMLS #407985
© 2024
