Maximum Loan-to-Value Ratio


Definition of "Maximum Loan-to-Value Ratio"

Josephine Jordan real estate agent
Josephine Jordan, Real Estate Agent Raritan Bay Realty

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%.

 

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