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LTV |
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LTV See: Loan-to-value ratio Loan to Value Ratio 1. In mortgages, the ratio of the amount of a potential mortgage to the value of the property it is intended to finance, expressed as a percentage. It is used as a way to assess the risk of making a particular mortgage loan. A lower loan-to-value ratio is seen as a lower risk to the lender. Most mortgage lenders require a maximum loan-to-value ratio of 75%. That is, a borrower is usually expected to pay for 25% of the value of a property out-of-pocket. 2. More broadly, a ratio of the amount of a potential loan to the asset it is intended to finance. In addition to gauging the risk involved in making the loan, it tells the borrower whether or not the loan can be repaid if he/she sells the asset. This can be important if the borrower becomes unable make payments. LTV See loan-to-value ratio. Loan-to-Value Ratio (LTV) The loan amount divided by the lesser of the selling price or the appraised value. The LTV and down payment are different ways of expressing the same facts. See Down Payment/Down Payment and LTV. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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LTV is another acronym commonly used when discussing a loan program. Now the supply of credit has gone sharply into reverse, LTV limits have plunged and there has been a drastic cut in the supply of buy-to-let mortgages. Nici Audhlam-Gardiner, Abbey mortgage director, said: "Increasing the LTVs on all our fixed rate mortgages that were previously available at 60 per cent LTV to 70 per cent LTV will help those looking to purchase a property, move home or remortgage. |
LTV |
LTTP/IP LTTR LTTS LTTT LTTU LTTV LTU LTUA LTUAE LTUB LTUC LTUCRC LTUD ltude LTUE LTUFC LTUG LTUIC LTUJ LTUPRS LTUR LTUS LTUSD LTUSE LTV LTV (disambiguation)LTV Corsair II Attack Bomber LTV ratio LTVA LTVB LTVC LTVCA LTVEC LTVFD LTVH LTVM LTVN LTVNM LTVP LTVPG LTVR LTVS LTVSM LTVV LTVY LTW LTW-AF LTW-DF LTWA | ||||||||
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