Loan-to-value (LTV)
HardUsed by lenders, loan-to-value (LTV) is the assessment ratio of risk involved while approving a loan. Simply, it is the ratio of the loan's value to the value of the collateral.
Used by lenders, loan-to-value (LTV) is the assessment ratio of risk involved while approving a loan. Simply, it is the ratio of the loan's value to the value of the collateral.
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