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Exactly what does loan-to-value ratio mean and just how does it affect purchasing a home?

Exactly what does loan-to-value ratio mean and just how does it affect purchasing a home? Another ratio FHA loan providers utilize whenever assessing home loan borrowers’ possible purchase of a property may be the loan-to-value ratio or LTV. Like DTI, the LTV ratio is yet another monetary calculation that loan providers utilize, just that one happens nearer to the particular…