by Peter Morgan | Tue, 9th Jul 2024 | Mortgage Jargon
Ever wondered what LTV means when it comes to mortgages? 🤔 LTV stands for Loan-to-Value. It’s a key factor lenders use to determine the risk of a loan. What is LTV? Definition: LTV compares the loan amount to the value of the property. For example, if you’re buying...
