ltv - Posted by tg

Posted by Rich Hyams on July 06, 2003 at 14:14:03:

Loan To Value

100k home
60k loan
60% ltv

ltv - Posted by tg

Posted by tg on July 06, 2003 at 12:57:23:

can someone please tell me what ltv stands for…just trying to learn
thanx in advance

Re: ltv - Posted by Lyal

Posted by Lyal on July 06, 2003 at 17:56:34:

Check out this article.

After that continue reading the articles, money ideas and success stories. That should give you some grounding in the vocabulary and strategies discussed here. Lots of pre-screened course material available at reasonable prices to help you “get in the game” if it seems like something you want to do.
All the best, Lyal

Re: ltv - Posted by GL - ON

Posted by GL - ON on July 06, 2003 at 14:16:42:

Loan to value ratio.

If a property appraised at $100,000 and you wanted a 1st mortgage for $75,000 that would be a LTV of 75% which is acceptable to practically any bank.

High ratio loans with an LTV of 80 - 90% are common these days, and even 100% or more, if you have a reallly really good credit rating.