Loan To Value (LTV) | Jargon Buster on Chase De Vere Mortgage Management
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Loan To Value (LTV)

Loan To Value (LTV)

In other words

When a lender refers to a product having a maximum 75% LTV, it means that it will lend a maximum of 75% of the property’s value,

Definition

When a lender refers to a product having a maximum 75% LTV, it means that it will lend a maximum of 75% of the property’s value, as determined by one of its own valuers.