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Maximum loan-to-value of 70%. A loan-to-value (LTV) ratio is a measure that compares the amount of your mortgage to the value of your property.
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Maximum loan amount of $400,000
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Condition of the property
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Estimated cost of necessary repairs or renovations
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Potential impact on your budget
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Potential restrictions on renovations or changes to the property
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Level of maintenance and upkeep that may be required