Information On Merchant Account Loans

For an entrepreneur, there are always instances wherein he or she would require additional funds in order to sustain or even help start up his or her new business. Unsecured business loans provide such additional funding with far less requirements that traditional sources of funding usually ask for. It is a process that is somehow ironic, but not quite untrue. In order to make money, one has to have money, and in order to create a business that would make you money, you have to have money to get it off the ground.

Loans are there to provide you the money that you would need to put up your own enterprise, but you have to have an established business history in order to secure a loan from traditional lenders, an established business history that you can only get if you have a business to establish it with. This, of course, puts new potential business owners in a very tough position. A merchant account loan, or unsecured business loan, gives new entrepreneurs a chance, and the money that they need, at starting up their own business. Unlike with traditional lenders, this loan can be acquired in a matter of mere days with a lot less hassle.

When an individual wants to start up a new business, there are several options available to him or her to acquire capital. There are friends and family who they can turn to for financial support. Many people also suggest the use of an entrepreneurs own retirement accounts or savings to start off the business, and even credit card advances for the funds. What all of these things have in common is the great deal of personal and financial risk involved. By covering all the bases, applying a little foresight to planning, we can all surmise that all new businesses have a huge chance at failure, regardless of how sound the business strategy is or how innovative or time tested the product or service offered actually is.

If your business does fail, how will that affect your relationship with the people you asked assistance from? How will it affect your own personal financial security? Merchant account loans provide a safer alternative. It is a form of credit card factoring that focuses on small businesses, making it a more viable option for entrepreneurs that are just starting out.

So how do merchant account loans work? As mentioned, it is a form of credit card factoring. This is a business practice wherein the small business owner sells all his or her upcoming Visa or MasterCard receivables. They sell these receivables at a discount, and by doing so, allowing these new entrepreneurs to acquire the money that they need within days. One advantage of this kind of loan is that these usually carry with it a very flexible payment term, the basis of the terms are dependent on the daily credit card revenues. It is customary that the credit card factoring agency require the business owner to make use of is or her credit card processors exclusively for the purposes of record keeping. To determine daily repayment amounts for the loan, it is vital that the record of purchases is as accurate as possible.

Merchant account loans are the ideal way for new entrepreneurs to have access to their funds. These new entrepreneurs acquire their much needed finances in a matter of days thanks to the merchant account loan, and they do not even need to establish a good business history to get approved. Even the lack of a high credit rating is not a huge factor when it comes to these loans. Since the repayment is based upon the merchant or the entrepreneurs credit card revenues, no matter how good or how badly the business does in terms of revenue, repayment of the loan would not carry with it as much of an impact on the entrepreneurs finances as it does with loans from traditional lenders, who usually have a set date and specific terms for payment.

If you are a small business owner or an individual who is thinking about putting up his or her own small business but worries about raising the appropriate start up funding, then merchant account loans just may be the ideal alternative for you. You get the money you need relatively quicker, and the risks are definitely much lower. With such a decreased processing time and approval rate, anyone can easily obtain a merchant account loan and proceed to putting up that business that they have always dreamed of.

Dog Friendly Apps

Conveniently, there are many apps out on the market that are “pet” friendly. Our society enjoys the companionship that both dogs and cats have to offer. That is why companies have begun to help people who love their four-legged companions. Now help is at the convenience of a push of a button.

Traveling with your pup

If you are traveling with your pup, not all of the hotels you pass are going to let your canine friend stay in the room with you. That’s why “Android” has provided some apps that let you locate pet friendly places to stay for the night. “Hotel Planner” is an application designed to locate hotels nearest you.You can even save yourself a room at your convenience. The bonus is that the application informs you of their rules and regulations on your trusty companion. This can prevent the hassle of searching for a place for you and your canine friend to stay for the evening.

You’re tired, your pup is tired, you don’t want to be hotel hopping in the middle of the night. You can get ahead by being prepared for your next trip. “Hotel Booking” is another “Android” application that offers similar options, most importantly, being able to locate a nice place for you to spend the eve with your puppy.

Applications by “iPhone” do not yet provide pet friendly hotel locations, but do make your stay in an unfamiliar area more pleasant for you and your doggy. “Paw Trotter” seems to be the most universal app. It provides locations for all kinds of pet oriented locations that range from parks to veterinarian’s offices.If you are out of town, but still seeking some quality time with your pup, this application allows you to search for places throughout the United States.

If you come across a new location, they even ask you to submit it as an addition to their provider. ”Off Leash” is another application that uses GPS to specifically search for the five nearest dog friendly parks so that you can get your morning walk in, or enjoy a good game of fetch while out on the road.
Instant answers

If the worst situation happened to occur, “iPhone” offers an application called “PetMD.” It provides information that can help you help your canine friend in a bad scenario. This application may be a handy tool, especially if you are traveling and are not close to a veterinarian that you may trust. While traveling, a “pet doctor” is not always conveniently around. This application provides you with information that can range from broken bones to snake bites, so that you can assist your four-legged friend until you can get them to the vet. Optionally, “iPhone” offers an app called “Pet Notebook” that stores important information such as shot updates for your companion. This saves the hassle of carrying paperwork with you as you and your doggy enjoy a vacation away from home.

Whether you are on a business trip, or just getting away from the monotony of home, there are several phone applications that provide you and your friendly companion a safe and fun trip. Enjoy and Woof!

How To Raise Real Estate Investment Capital

Why Your Rich Uncle Won’t Invest with YOU!

Have you ever had a rich friend, uncle, or neighbor that will not open up their wallet to do business with you? There may be many reasons they refuse to do business with you. Let’s look at three common reasons and what you can do to get their attention:

1. Friends and family do not want money to get in the way of relationships. Disagreements over money have caused many rich families to become divided. One way around this is to create a company and make them a partner. Show them how investing in our company is no different from investing in a company in the stock market (except you both have more control). Set clear expectations of what each of you will provide to the company. If you’re smart, you’ll show them all the things you will do and all they have to do is write a check and examine the monthly/quarterly reports you send them. Your friends and family might also be more comfortable if you have other investors as well. There are many ways you can ease their fears and finding what those fears are is a good first step.

2. They don’t understand the investment. There is an old saying, “A confused mind says no”. Just because someone has accumulated some wealth does not mean they understand real estate investing. Here’s where you have to be very clear on what you do. You can’t overwhelm your investors with the blow by blow details. They need to know what you will do with their money, how they are protected, what their return will be and when they will receive payment. That is not to say you should hide any pertinent details, however they don’t care that you will be painting the rooms off-white.

3. You lack credibility. Let’s face it, unless you have a huge investment portfolio you are still somewhat unproven. And for that matter, friends and family have known us at our worst (they remember we got a D on a test back in the third grade). This is where your board of advisors and partners become extremely important. While Aunt Susie might be willing to loan you a couple hundred dollars, she wants to know her $100K is going to come back to her. If you have done some deals, make sure to highlight them in written format. Additionally, correctly chosen business partners or advisors with experience can also increase your credibility. To help with your personal credibility put together a professional looking credibility kit. To help with the credibility of the deal, put together all the numbers, pictures and a summary of the investment in a professional manner. (Personally I did not invest with a known “guru” because the presentation wasn’t done professionally). The details in the presentations matter.

Not all of your friends, family or neighbors with money will do business with you. If you want to increase your success rate then make sure you are sending out a clear, concise, and professional message. After you’ve done a few successful investments, they’ll be asking you to get involved.

Electronic Cigarettes in Review

Electronic cigarettes are on the rise, and since their introduction to America in 2006, they have had overwhelming acceptance coupled with overwhelming questioning. Many questions focus on whether or not electronic cigarettes are actually healthier for the consumer, and what makes electronic cigarettes function.

Are Electronic Cigarettes Better for Your Health?

While many people have switched to electronic cigarettes to avoid the well-known harmful effects of tobacco and tobacco smoke, others are leery of switching due to a lack of research done on electronic cigarettes. However, various companies, reviewers and doctors have reviewed the product and there seems to be an overwhelming conclusion, best said by Dr. Travis Stork from the popular television showThe Doctors:

“The greatest issue with cigarettes is the 500+ other ingredients added, not just the nicotine.

Do we recommend this for non-smokers? Of course not, but for current smokers this is the most revolutionary device to date.”

Tobacco cigarettes include over 4,000 chemicals and toxins, while electronic cigarettes, generally speaking, have a limited number of ingredients, with the major ingredients being nicotine and propylene glycol. The majority of the additional ingredients, used as a flavoring agent or scent agent, are also found in fruits and breads.

What Makes Electronic Cigarettes Function?

Electronic cigarettes, unlike conventional tobacco cigarettes, contain no combustion and require no ignition to function. Electronic cigarettes are powered by a rechargeable battery and contain between two and four parts.

Let’s examine the two-part model.

The two-part model includes a battery and a cartridge. The design of the battery includes a flow sensor, which determines when the user is using the product and the powering battery agent. The design of the cartridge includes the nicotine cartridge and a catcher feature which ensures there will be no liquid nicotine leakage.

When a consumer takes a drag from the assembled electronic cigarette, the flow sensor powers the battery on and vaporizes the nicotine in the cartridge, producing a satisfying puff of vapor. The “smoke” coming out of the consumer’s mouth is not actually smoke but rather a completely harmless vapor.

Explore electronic cigarettes and determine for yourself if you think that electronic cigarettes are safer and more effective than traditional tobacco cigarettes.

vigrx plus in addition compared to organic viagra : which is beneficial?

Vigrx is a organic of a man disorder support. It is often about and having advertised for about 13 decades, so that, itself, notifys you that artefact recognize to plan well, and accept a suitable abetment from the maker.

Lots of men normally find out if they aboriginal see ads for Vigrx plus, and they are irritating to order out the way to adjusting Vigrx Further Percentu0432Percentu0402Percentu045AIsn’t this the aforementioned affair as The blue pill?Satisfactory problem, then one that should be answered. Is there a funds aberration amid the 2 merchandise? Is he in any way different.?

Mechanisms by which Vigrx Operates compared to The blue pill.
Vigrx is recommended to succeed the botheration of impotence, and so is The blue pill. Nevertheless they strategy in abstracted and absolutely changed ways. For starters affair one particular artefact is acquainted as well as the added is often a biologic fake by the biologic firm. Vigrx is all-natural, in fact it is made up of organic potential that recognize been about for luggage of decades, abounding of them advised libido enhancers. The artefact is recommended to succeed the botheration of of a man impotence, but it can it in the totallly acquainted way, by request the organic potential in its formulation. The blue pill functions amendment the way the shape processes of a man the body’s hormones. It will be added scary and move forward to added facet-consequences.

Instant compared to Long term?
Vigrx is recommended to become acclimated around an ongoing aeon of time. It’s not advised for the man to take a bolus afore canine sex. It can be alluringly reported to become consumed over a aeon of several weeks, 60-3 months, even recognizing some males deal with that they recognize evident after-consequences in as little as fourteen days. The most effective you employ the product, Vigrx Plus, an added accounts you will notice from that. When you count on about whether or not you want to adjusting Vigrx Plus, be abiding and collect this in your mind.

The blue pill, on the added palm, is just not advised this way. It can be advised to become taken over-mentioned to canine sex. It can be advised to conform he an actual supplement in claret breeze to the manhood, and this is carried out by drug treatments, not acquainted herbs. The blue pill then, is added of an fast, take-this-pill afore sex, and once again begin to see the benefits, blazon of pill.

Hormone As opposed to Plant based strategy.
The blue pill is often a biologic which has a tendency to move forward to gain access to claret breeze to the man’s manhood by affecting the of a man the body’s hormones in your body. It regulates or changes the breeze of testo-sterone in your body, in order that it includes a complete aftereffect on the claret breeze to the manhood (preferably)..

Vigrx attempts to move forward the botheration of abstention by accumulation claret breeze to the manhood also. Nonetheless, Vigrx Further can it effortlessly acquainted organic ingredients, as well as the artefact was advised to both trigger the admiration of the man, (sexual interest) as able-bodied as access the claret breeze to the man’s canine bodily organs.

Unwanted Effects:.
Most males because no matter whether they would like to adjusting Vigrx Further are anxious about Additional household furniture in fact it is familiar with recognize this condition.

The blue pill includes a acceptability of triggering abstention in abounding of the people. For reasons unknown, the animal shape doesn’t like its the body’s hormones manipulated. For any newborn allowance of males demography The blue pill, the supplementary aftereffect lots of frequently mentioned is impotence. This really is genuine odd, again the biologic is accurately fake to avoid impotence, or at fischer achieve it plentiful beneath frequent.

Vigrx have not seem this to become a botheration featuring its people (impotence) . The supplementary household furniture are genuine slight, if you do friend any thank you in any way. Some males deal with balmy severe headaches, or tummy irritated by demography Vigrx, This really is acutely balmy in allegory to the scary abstention that The blue pill people undergo.

Obviously if in contrast supplementary by facet, Vigrx generally seems to recognize abounding abounding benefits around The blue pill. It can be beneath high-priced, all acquainted and it has way beneath seem supplementary consequences. Simply click beneath to order out on how to adjusting Vigrx Plus

Comparing Online Travel Services To Your Local Travel Agent

Sites such as Expedia, Orbitz, and Travelocity claim to offer the best price – sometimes even guaranteed. They may even claim to offer the best rates on a luxury world cruise, a trip that travel wholesalers publicly prefer to be sold by agents. The emergence of online travel sites have put many agencies out of business, and claim to have conquered the consumer base by offering quality product at a lower cost. When you call your local travel agency and ask for a price quote on an air and hotel luxury travel vacation package, most consumers will check against one of the more popular travel websites to see what prices better. True, two thirds of the time, you will find that the Internet will beat the travel agent price by about $150. The travel website will assure you that it is the same package. The resorts and hotels are aware that you are going to be in the most unfavorable rooms, in fact, that is why they sold them to the Internet travel site at a discounted rate in the first place.

Travel service sites proudly proclaim that they are able to further save customers money by selling large volumes of travel and collecting a smaller fee. Orbitz and Travelocity do have a large volume of travel reservations made, but what little they make in commission they make back in changed or canceled reservations. Most travel agencies offer a travel insurance that covers you and your travel companions if you should have to cancel for a medical or personal emergency.

American Express Travel offers a cancel for any reason insurance that even covers your airline tickets. These Internet booking engines are now beginning to offer “insurance,” but it rarely covers cancellations in full. Your local travel agent is there to offer the customer care you need back at home while you’re traveling abroad. When it comes to planning luxury travel vacation, you are truly better off using a travel agent. If you don’t like your room, your travel agent can have it fixed in a matter of moments. Travel agents are not focused on quantity, but quality. So travel safe, not sorry, and call a travel agent to hear more benefits that each agency offers their clients

Ultrasound Technician Schools: Your Key to a Career in Sonography

When you start looking at ultrasound technician schools, you will find out that diagnostic medical sonography is a highly sought after career. This position not only diagnoses conditions, but detects pregnancy. But their skills are not limited to pregnancy. Ultrasounds are used for other conditions as well.

Typically, ultrasound technician schools offer programs ranging from 24 to 48 months of training. At the conclusion of the program, the student has either an associates or a bachelors degree. If students already work in the health care field, they can participate in a one-year certificate program. These programs can be found at junior colleges and technical schools pretty affordably. But there are also programs at the sonography and radiology departments of major universities. Students study a science-heavy curriculum, which will include classes like anatomy & physiology, basic physics, instrumentation, radiology, patient care, medical ethics, and ultrasound principles.

There will also be clinical classes, which take place at an actual medical setting.

The focus of ultrasound technician schools is to provide students with practical, hands-on experience and knowledge. Everything the student learns can be immediately applied on the job—on the first day! Diagnostic medical sonographers work in clinics, hospitals, and diagnostic imaging centers.

Students learn various specialties in the field of diagnostic sonography. Breast sonography, neurosonography (which is focused on the nervous system and the brain), obstetric and gynecological sonography, cardiac sonography, abdominal sonography (which focuses on pancreas, spleen, liver, kidneys, and male reproductive system), and vascular sonography (which focuses on the circulatory system).

Sonography touches nearly every specialty within the medical field. Diagnostic sonography is quickly becoming the diagnostic tool doctors turn to first.

Sonography uses sound waves, which bounce off the part of the body that is being targeted for diagnostic answers. The equipment used during the process captures the echoes created and turns them into images that can then be read by a physician trained in examining those images. This non-invasive means of getting answers regarding patient symptoms and conditions is a preferred method of diagnosis.

Sonographers not only run the machines, but they also explain the procedure to the patient. They must calm the patient and reassure them, while positioning them for the best pictures possible. The sonographer helps find the initial indicators of illness and disease, as well as get the best images possible for the doctor.

Diagnostic medical sonography is a rewarding and fast-growing field. Gaining employment should be fairly easy with the proper credentials and training. The education needed can be gained in a relatively short period of time. The field allows you to help patients get answers to their concerns and questions and provide reassurance. Many people enjoy their jobs as sonographers.

When you are picking out ultrasound technician schools, ask the following questions about the program:

Accrediation—is the school accredited?
Class size—how many students per class?
Focus—is the school focused on practical experience or learning?
Success of graduates from the program

Dog Friendly Apps

Conveniently, there are many apps out on the market that are “pet” friendly. Our society enjoys the companionship that both dogs and cats have to offer. That is why companies have begun to help people who love their four-legged companions. Now help is at the convenience of a push of a button.

Traveling with your pup

If you are traveling with your pup, not all of the hotels you pass are going to let your canine friend stay in the room with you. That’s why “Android” has provided some apps that let you locate pet friendly places to stay for the night. “Hotel Planner” is an application designed to locate hotels nearest you.You can even save yourself a room at your convenience. The bonus is that the application informs you of their rules and regulations on your trusty companion. This can prevent the hassle of searching for a place for you and your canine friend to stay for the evening.

You’re tired, your pup is tired, you don’t want to be hotel hopping in the middle of the night. You can get ahead by being prepared for your next trip. “Hotel Booking” is another “Android” application that offers similar options, most importantly, being able to locate a nice place for you to spend the eve with your puppy.

Applications by “iPhone” do not yet provide pet friendly hotel locations, but do make your stay in an unfamiliar area more pleasant for you and your doggy. “Paw Trotter” seems to be the most universal app. It provides locations for all kinds of pet oriented locations that range from parks to veterinarian’s offices.If you are out of town, but still seeking some quality time with your pup, this application allows you to search for places throughout the United States.

If you come across a new location, they even ask you to submit it as an addition to their provider. ”Off Leash” is another application that uses GPS to specifically search for the five nearest dog friendly parks so that you can get your morning walk in, or enjoy a good game of fetch while out on the road.
Instant answers

If the worst situation happened to occur, “iPhone” offers an application called “PetMD.” It provides information that can help you help your canine friend in a bad scenario. This application may be a handy tool, especially if you are traveling and are not close to a veterinarian that you may trust. While traveling, a “pet doctor” is not always conveniently around. This application provides you with information that can range from broken bones to snake bites, so that you can assist your four-legged friend until you can get them to the vet. Optionally, “iPhone” offers an app called “Pet Notebook” that stores important information such as shot updates for your companion. This saves the hassle of carrying paperwork with you as you and your doggy enjoy a vacation away from home.

Whether you are on a business trip, or just getting away from the monotony of home, there are several phone applications that provide you and your friendly companion a safe and fun trip. Enjoy and Woof!

Job Splendour Law In Ca – several Specs In which Guard The particular Worker’s Pursuits

Compared to the other says the employees regarding Californian express are made much more privileges underneath the Employment Discrimination Legislation. Under this regulation the workers have the to certainly chose the work that like which enable it to perform as long as they have the effect of this.

The Division regarding Real estate and also Honest Job with the Californian condition enforced legal requirements regarding employment splendour. By this law the workers are protected from splendour and nuisance at your workplace.

The actual Californian regulation against job elegance offers protection on the workers from nuisance and also elegance in several concerns. A few of these issues include faith, sexual intercourse, competition, colour, marital position, national origin, impairment and grow older. Regulations also looks to the concerns associated with refusal regarding depart in case of household, medical or being pregnant simply leaves and also good hotels for the disabled.

Legislation up against the elegance associated with workers is pertinent to the people staff within the condition and individuals organizations which have a men regarding fifty or maybe more. The specs of the legislation include:

1. Inhibition with the principle of restricting the use of a language at work unless the project needs this. Because of this staff from your foreign nation may talk within their native until the work demands the usage of Language
two. The actual organisations must fulfill the employee’s wants with regards to the particular lodging with the unwell or perhaps handicapped. What this means is building a simple to use atmosphere such as tables, specific seats and ramps which may assist the staff to complete far better.
three. Medical or perhaps expectant mothers results in for about four months can also be expected from your companies.
four. The project spot must be produced pestering totally free by the organisations. The actual pestering consists of inhospitable surroundings at work, sexual pestering and more.
a few. Inhibition of hiring people according to splendour, which means selecting workers should not be depending on race or perhaps colour but rather within the value and also qualifications.
six. Retaliating to a criticism or a potential complaint because of the worker ought to be disallowed.
several. The actual discriminated staff could possibly get payment and the employers will probably be fined. Attorney charge, reinstatement, top and even back again pay out are permitted from this legislation.

When compared to the federal regulations the actual Ca law against splendour will be stricter. What the law states sets increased exposure of many essential points when compared to federal rules. The particular pros and cons from the California law against splendour regarding staff end in exactly the same stage. All people inside state can figure they cannot end up being discriminated through the employers in a different other phrases other than their particular performance and also skills.

Real Estate Equity – Investment Capital, Debt Consolidation or a Retirement Nest Egg?

There is a significant interrelationship between personal investment planning, credit purchasing and real estate ownership. On the face of it that may seem obvious, but the complexity of the interrelationship bears some scrutiny.

During the last quarter of the 20th century there was an amazing proliferation of the use of credit card purchasing. Credit card purchasing continues to gain use as a means for medium term financing for larger household needs, as well as, a means to spread over time individual fluctuations of income and other changes in the economy. Unfortunately, many Americans caught up in the economic prosperity of the several past decades have used credit cards to amass debt beyond or challenging their ability to repay.

It has been over two decades since Congress removed from the federal income tax code the ability to deduct interest payments on most credit/debt instruments “except” home mortgages. This Congressional enactment immediately catapulted the home mortgage market to the forefront. Suddenly, 2nd home mortgages and complete home refinancing became an attractive tax-incentivized debt consolidation tool. Of course, the financial sense of using a home mortgage for debt consolidation depends on several key factors. Among them is the rate of interest in the home mortgage marketplace, personal circumstances and a willingness to trade short-term debt for long-term debt on the prospect of real estate appreciation.

There continues to be substantial debate regarding the financial sense of maintaining equity in a home. In the simplest terms the two sides of the issue are:

Equity in a home can be put to better use. Essentially this means home equity that could be turned into cash should be invested in financial instruments that will outpace appreciation in the value of the home. This assumes that home equity cash can be put to more effective financial use. Second home or investment property purchases, tuition for education and high interest credit card debt are the more common uses of cash out refinancing or second mortgage financing and can all be considered a more effective application of equity depending upon circumstances.

* Conversely, as the home loan is paid down and home value appreciation develops the equity that builds eventually becomes a retirement nest egg. A debt free home is can represent utopia for those entering their retirement years.

As the debate goes on, the truth of the matter is that the best approach depends on factors such as economic climate, personal timing, property value appreciation and personal investment discipline.

Then there are the tax issues that play into nearly all financial decisions. As previously noted, home mortgages and second mortgages are tax deductible. This factor can be a significant decision point. The interest paid to the lender, as part of a mortgage payment, is deductible from federal and most state income taxes. Lenders provide notification of the amount of interest paid on a home mortgage during the tax year, and that amount may be itemized as a “qualified residence interest” deduction on federal, state and local income tax returns. The interest deduction is applicable to debt assumed for home ownership up to $ 1 million. The deduction applies to first and second mortgages, as well as, other debt instruments used to finance a primary residence.

Debt that is assumed for any purpose, but financed through a home loan, is also deductible so long as the amount of indebtedness does not exceed the lesser of $100,000 or the fair market value of the home.

Refinancing an existing mortgage to release equity without the additional benefit of an interest rate reduction may not be the most frugal approach. As with any mortgage there are specific closing costs associated with the transaction that is mostly based upon the amount of the loan. Conversely, a second mortgage for the purpose of extracting equity would normally create a much smaller loan and consequently lower closing cost.

When considering a second mortgage there are two distinct structures that normally come into play. The “Home Equity Line of Credit” generally offers a low interest initial interest rate and only requires the payment of the accumulated interest each month. The advantage of this structure is that it is a line of credit with a limit and the consumer only pays interest on the amount actually used. The risk factor is that it is a floating interest rate adjusted to a particular financial index such as “prime” or “cost of funds”. The option less adventurous borrowers elect is the standard fixed rate second mortgage amortized over 15, 20, or 30 years.

Regardless of the structure of the loan current lending criteria will likely restrict the amount of the mortgage to 80% “combined” loan to value (CLTV). This means that the maximum amount borrowed including the existing first mortgage cannot exceed 80% of the value of the property as determined by the lender’s evaluation.