What does the acronym LTV stand for? - ProProfs Discuss
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What does the acronym LTV stand for?



A. Life Time Vehicle
B. Loss to volume
C. Loan to Value
D. Loan to Victor

This question is part of Week 2 - Monday Quiz
Asked by Hydemegan, Last updated: Jun 29, 2018

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2 Answers

h. George

Government employee and a part-time content writer.

H. GeorgeCopywriter, MA in English, California
Copywriter, MA in English, California

Answered on Apr 13, 2018

This is an acronym for Loan to Value.
The loan-to-value (LTV) proportion is a money related term utilized by moneylenders to express the proportion of a loan to the worth of an asset obtained. The term is normally utilized by banks and building social orders to speak to the proportion of the main home loan line as a level of the aggregate assessed value of the genuine property. The higher the LTV proportion, the riskier the loan is for a moneylender.

The valuation of a property is commonly evaluated by a surveyor, yet a superior measure is a safe exchange between an eager lender and a ready dealer. Commonly, banks will use the lesser of the evaluated value and price tag if the buy is "later."

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hydemegan

Hydemegan

Answered on Sep 06, 2017

Loan to Value
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