Definition: the relationship between the amount borrowed and either the appraised value or sale price (whichever is lower) of a property
Pronunciation:
Used in a Sentence: The higher the LTV, the lower the lender’s safety cushion should the borrower default.
5 Reasons Why a Real Estate Career in Florida Could Change Your Life Thinking about a career change? A real estate career in Florida might just be the opportunity you’ve...
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