Maximum Loantovalue Ratio


Definition of "Maximum Loan-to-Value Ratio"

The maximum allowable ratio of loan-to- value (LTV) on any loan program. Generally, these are set by mortgage insurers or by lenders and can range up to 100%, although some programs will go above 100%.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Negative Amortization

Increase in the outstanding loan balance arising when the mortgage payment does not fully meet the i ...

Executor

Fiduciary named in a will to settle an estate of a deceased person. The executor must act as a reaso ...

Executrix

Woman executor. ...

Exculpatory Provision

Clause in legal contracts that excuses a given party to the contract from liability for unintentiona ...

Admitted Company

Life insurance company or property and casualty insurance company licensed by a particular state to ...

Exclusive Remedy

A procedure in which the employer has absolute liability for the injuries incurred by the employee a ...

Related Real Estate FAQ

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

What Is A Mortgage Banker?

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is Hazard Insurance? What do Real Estate Attorneys do? When to Dispute Your Home Appraisal Rent or Buy - the pros and cons What is Escrow and how does it Work?

FAQ

What do I need to know about Whole Life Insurance? What is a FHA mortgage? What is cooperative? What is an interest rate? What is the APR for This ARM Loan?