loan-to-value
DefinitionLTV. 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.
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loan-to-value is ...
... part of the Lending & Credit and Real Estate subjects.
... part of the Lending & Credit and Real Estate subjects.
Related Terms
loan-to-value appears in these other terms
combined loan to value ratio
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