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What is an LTV?

LTV
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What is an LTV?

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An LTV, or Loan-to-Value, is a ratio of the amount of the mortgage to the value of the home. Example: If your home is worth $100,000 and your mortgage is $80,000, then your loan-to-value (LTV) is 80%. Your loan is 80% of the value of your home.

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