Loan-to-value

Summary: The loan-to-value ratio measures the mortgage amount against total home value. The property is collateral to be seized in the event of foreclosure. If the loan amount exceeds 80 percent of the value, the lender bears a greater risk…'

The loan-to-value ratio, or LTV, is an important concept for home buyers and homeowners in Washington State. This article will go into more detail about the LTV and why it matters to mortgages. '