Loan-To-Value: What Is It?
Loan-To-Value: What Is It? Amid the homebuying procedure, you’re certain to experience the term Loan-to-Value (LTV) ratio. So what precisely is your LTV ratio, and why is it vital? Basically, a LTV ratio is the dollar measure of a mortgage partitioned by the property’s assessed value, communicated as a percentage. For lenders, LTV is an […]Read More