So what does loan-to-value suggest? All About Understanding loan-to-value

So what does loan-to-value suggest? All About Understanding loan-to-value

If you’re considering buying a property and obtaining a home loan you’ll quickly become familiar with people referring to loan-to-value, or LTV for quick. But exactly what does it suggest and just why does it matter?

Simply, loan-to-value is an easy method of expressing the difference between the worthiness of your home buying that is you’re the quantity of money you’re borrowing to cover it. (more…)