The LTV Ratio How Loan to Value Works and Why You Need to Understand This Ratio

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Are you in the market for a new home? If you plan on using mortgage financing to buy your next home you’ve likely heard the phrase “loan-to-value” or the acronym “LTV” before. Let’s take a quick look at the loan-to-value ratio including why it’s important, how to calculate it, and how it can affect your mortgage.

What is the Loan-to-Value or LTV Ratio?
In short, the LTV ratio is a number that ...

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