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Loan-to-value ratio

  • Listed: August 13, 2022 1:51 pm
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Description

Loan-to-value ratio

The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property. The higher your down payment, the lower your LTV ratio. Mortgage lenders may use the LTV in deciding whether to lend to you and to determine if they will require private mortgage insurance.

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Listing ID: 55862f7ac36dcfd2

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