Clear Answers to Common Questions

From start to finish, our team will go above and beyond to ensure all your questions are answered.

Mortgage FAQs

What is a Loan To Value Ratio (LTV)?

A ratio determined by dividing the sales price or appraised value into the loan amount, expressed as a percentage.

For example, with a sales price of $100,000 and a mortgage loan of $80,000, your loan to value ratio would be 80%.

Loans with an LTV over 80% may require Private Mortgage Insurance.

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Genisys Mortgage Professionals

Since 1999, Genisys Mortgage has provided a wide variety of mortgage loan options, offering personalized & knowledgeable service with a strong attention to detail to borrowers and Realtors all across Northern and Central Michigan.

Cadillac
116 E. Nelson St.
Cadillac, MI 49601
(231) 779-9817

Traverse City
1603 Barlow Street Ste 2
Traverse City, MI 49686
(231) 779-9817

Petoskey
116 E. Nelson St.
Cadillac, MI 49601
(800) 382-0035

Genisys Mortgage is a registered trademark of Mortgage300 Corporation.  2000 PGA Blvd Suite 3220A Palm Beach Gardens, FL 33408