what does 80 loan to value mean

to get his advice on the key things that home buyers need to know-from where to go for your loan to how you can up your chances of being approved for a mortgage. LearnVest: What does. value or the.

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what does 80% loan to value mean – cclandmarks.org – Financing: What does LTV mean? – Trulia Voices – LTV is an acronym for Loan-to-Value, the ratio/percentage of your loan amount to your home’s value. For instance, if your home’s value is $500,000 and your loan amount is $400,000, the LTV is 80%.

I work for a finance company. For car loans our loan to value is 80%. That means the amount of money we will loan you for a vehicle is 80% of the bluebook value. For example: You found a car to buy that has a bluebook value of 15,000.00. 80% of that is $12,000.00. Our loan to you would be $12,000.00.

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LTV stands for “Loan-to-Value”. The loan to value ratio is the loan amount compared to the apprised market value of a property. Lenders use LTV ratios to determine the amount of equity a borrower will have on a property. The lower the LTV on a mortgage the less risky the loan is,

It sounds like your guy wants the loan-to-value on the refinance to be under 80%, whereas it currently stands around 90% based on the $310k valuation. That can make it more difficult to qualify for a refinance, or to at least make one worthwhile depending on what your interest rate is now and what you’re attempting to do.

What does Loan to Value (LTV) mean? When you start looking at the mortgages on offer to you, there will be several criteria set by each lender, mainly relating to your minimum required income for the loan amount, the minimum deposit you must raise and other criteria such as credit history and the number of working years you have left.

What Is Loan To Value LTV Your LTV ratio will be 80 percent because the dollar amount of the loan is 80 percent of the value of the house. $80,000 divided by $100,000 equals 0.80 (which is the same as 80 percent – see how decimals and percentages are related).

Loan-to-Value or LTV is the amount of money you’re borrowing as a percentage of your home’s value. Lenders use loan-to-value calculations on both purchase and refinance transactions.

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