What Is Loan Purpose What Does Loan Purpose Mean Loan Purpose Meaning Definition Explanation

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Posted on November 17, 2018 at 19:39 PM



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A loan to value (LTV) ratio describes the size of a loan you take out compared to the value of the property securing the loan. Lenders and others use LTV's to determine how risky a loan is. A higher LTV ratio suggests more risk because the assets behind the loan are less likely to pay off the loan ...
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