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What Is the Loan-to-Value Ratio? (LTV)

Let’s talk mortgage basics: “What is the loan-to-value ratio?” If you’re currently shopping for a home or already going through the mortgage process, chances are you’ve heard the phrase loan-to-value ratio get thrown around on more than one occasion. You may have also encountered the acronym “LTV” while reading all those stories about negative equity [&hellip
Source: Mortgage