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The LTV Ratio How Loan to Value Works and Why You Need to Understand This Ratio

October 13, 2023 by Rilian Ball Leave a Comment

Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you've likely heard the phrase "loan-to-value" or the acronym "LTV" before. Let's take a quick look at the loan-to-value ratio including why it's important, how to calculate it, and how it can affect your mortgage. What is the Loan-to-Value or LTV Ratio? In short, the LTV ratio is a number that compares how much money you owe against your home with its resale value in the marketplace. A low LTV … [Read more...]

Filed Under: Mortgage Tagged With: Home Mortgage Tips, Mortgage Calculator, Mortgages

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Rilian Ball


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Rilian Ball
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