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Extended Hours: Only August 19 & 20!
Exciting news! For your convenience, our lobby doors will be open until:

  • 6:00 p.m.: Alexandria, Bismarck, Devils Lake, Dickinson, Elk River, Fargo, Fergus Falls, Grand Forks, Mandan, Minot, Moorhead, Sauk Rapids, Wahpeton, Waite Park, West Fargo, Williston
  • 5:00 p.m.: Hettinger, Jamestown, Mayville, Mohall, Park River, St. Cloud
  • 4:00 p.m.: Carrington

Stop by, or tell a friend about our $100 offer – only Wednesday and Thursday!

Loan-to-Value (LTV) Ratio

Definition

The ratio of the loan principal (amount borrowed) to the appraised value (selling price). For example, on a $100,000 home with a mortgage loan principal of $80,000, the LTV is 80%. The LTV will affect programs available to the borrower. Generally, the lower the LTV, the more favorable the program terms offered by lenders.

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