A financial term used mainly by lenders to express the ratio of a loan to the value of the asset purchased using the loaned money or to the value of the asset serving as collateral on the loan. A borrower taking out a $65,000 loan to purchase a $100,000 property has, in its simplest form, an LTV of 65%.

Big Builds Mean More Scrutiny
Lenders are still writing checks, but only for projects that pass today’s tougher tests. An...
0 Comments