LTV
Loan-To-Value. The Ratio of the Fair market value of an Asset to the value of the Loan that will Finance the Purchase. Loan-to-value tells the Lender if potential losses due to nonpayment may be recouped by selling the asset.
Loan-To-Value. The Ratio of the Fair market value of an Asset to the value of the Loan that will Finance the Purchase. Loan-to-value tells the Lender if potential losses due to nonpayment may be recouped by selling the asset.