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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Loan to Value Ratio (LTV)

The Loan To Value (LTV) is the loan amount divided by the value of the property. The higher the Loan To Value ratio, the greater the monetary risks for the lender should a default occur. Lenders use the LTV ratio in conjunction with other qualifying factors (e.g. Credit Score, Debt to Income (DTI) ratios, etc.) to determine whether a borrower qualifies for a mortgage.

See Loan To Value (LTV) Overview
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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.