I have a project that requires some mortgage information, answers would be greatly appreciated?

I need to know:


1) The maximum Loan to Value Ratio currently applied?


2) Do lenders typically conduct an appraisal on the property to determine the lending value? why or why not?


3) What is the maximum Gross Debt Service Ratio currently applied.


4) What is typically included in the lender's Gross Debt Service Ratio?


5) What is typically included in the Total Debt Service Ratio formula? What other steps do the lenders undertake to ensure the credit worthiness of the mortgage applicants?


6) Under what circumstances will the lenders offer discount to the posted interest rates? What are the typical and maximum discounts offered?I have a project that requires some mortgage information, answers would be greatly appreciated?
How many credits are available to me for answering these questions?





Why are you taking this course if you're not interested in acquiring the information related to it?





Some of the questions need to be specific as to lender, amount and credit rating of the borrower.