Loan to value ratio
Definition
The loan amount divided by the lesser of the selling price or the appraised value. Also referred to as LTV. The LTV and down payment are different ways of expressing the same set of facts
Related Terms Other terms related to 'Loan to value ratio' starting with the letter 'L' Lock failure, Lead Generation site, Lease to own purchase, Lock jumper, Late fees Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 