Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Definitions of Loan Jargon and other Personal Loans topics.
Loan to value % is a phrase that you may hear your
loan officer repeat quite often.
To obtain the loan/value of your property, divide
the loan amount by the appraised value of the property.
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Mary White |