Loan-to-value
LTV. 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.
LTV. 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.