Loan-to-Value (LTV): What It Is, How To Calculate, and Why It Matters
Loan-to-Value (LTV): What It Is, How To Calculate, and Why It Matters
Loan-to-Value (LTV) ratio is one of the first numbers lenders check when you apply for a mortgage, auto loan, or home equity line of credit. Expressed as a percentage, it compares the size of your loan to the