PFBlog logo

My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

  Home | Feed: feed-icon.gif | About | Progress: June 07: $756,924 | Best of PFBlog | Product Reviews | PFBlog Digest | Disclaimer | Advertise | Contact Me

...

Credit FAQ: What Is Loan-to-Value Ratio (LTV)?





The ratio of the amount of a home loan to the appraised value of the home. For example, if you borrow $75,000 to buy a $100,000 house, the LTV is 75%. As a general rule, the lower the LTV, the more favorable the terms of the loan will be.



What do you think of this post? Be the first to share your opinions.

Enjoy the latest personal finance news and commentary at PFBlog Network.
Similar Posts

Credit FAQ: What Is Security Freeze? (October 11, 2006)
If you reside in select states you have the right to place a security freeze on your Equifax Credit File. A security freeze will prevent us from reporting your Equifax credit file to third parties, such as credit grantors or other companies and agencies, except ...
Credit FAQ: What Is Soft Inquiry? (October 11, 2006)
An instance in which your credit report is accessed without affecting your credit rating. Soft inquiries include your own requests for your credit report, promotional inquiries by credit card companies, and "checkup" inquiries by your existing creditors. A soft inquiry that does not affect your ...
Credit FAQ: What Is A Hard Inquiry? (October 11, 2006)
An indication on your credit file that a lender has obtained a copy of the report in order to evaluate your loan or credit application. An excess of hard inquiries within a six-month period may lower your credit rating.
Credit FAQ: What Is Fraud Alert? (October 11, 2006)
If you suspect that you're the victim of identity theft or credit fraud, you may contact the credit reporting companies and place a fraud alert on your credit file. Such an alert will prevent new credit accounts from being opened without your express permission.



Read More ... All Other Posts In The Same Category

PREMIUM SPONSORS

Car Loans
Dallas Bankruptcy Attorney
Personal Loans
Car Finance
Homeowner Loans
Cheap Car Insurance
Mortgages UK & CCJ Mortgage
Used Cars
Loans
Commercial Mortgages and Business Loans
Guaranteed Car Finance
Payday Loan
Personal Loan
Student Loan Consolidation.com
Secured Loans
Bad Credit Loans - Free Quote