LTV Loan to Value Ratio
- Posted by HomeHow
- On November 21, 2018
- 0 Comments
LTV is the percentage of the value of the property that you need to borrow. For example, if the property value is $500,000 and you have paid $100,000 as down payment, then you will need to borrow $400,000. The Loan to Value Ratio will be $400,000 divided by $500,000 equals to 80%.
« Back to Glossary Index
0 Comments