Your LTV — or loan-to-value ratio — also plays a major role. What does LTV mean? When your mortgage lender refers to LTV, they're talking about your loan-to-value ratio. This ratio shows how ...
Text Callout : Key Takeaways - What Is Loan-to-Value and Why Does it Matter? Loan-to-value ratio compares the size of a loan used to finance an asset with the value of that asset. It’s commonly ...
A 90% LTV means a 90% loan-to-value ratio. This is a comparison between your mortgage and the value of your home. So for example, a $300,000 home and a $270,000 mortgage, would have a 90% loan-to ...