loan-to-value (LTV definition

loan-to-value (LTV means the ratio of the total amount of credit agreements secured by immovable property to the purchase price or the appraisal value of the immovable property pledged as collateral for credit relating to residential immovable property and credit secured by a mortgage or equivalent guarantee, calculated pursuant to Article 3;
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loan-to-value (LTV ratio means the quotient of the aggregate amount of all sums borrowed from all sources on an item of collateral divided by the market value of the collateral used to secure the loan.
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loan-to-value (LTV a fraction expressed as a percentage, the numerator of which is the sum of the outstanding principal amount of the Loan and the Mortgage Loan, and the denominator of which is the appraised value of the Property as determined by Lender based upon a current “as–is” MAI appraisal for the Property obtained by and acceptable to Lender at Borrower’s sole cost and expense.
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Examples of loan-to-value (LTV in a sentence

  • Previous such programs would help consumers severely underwater in their loan-to-value (LTV) ratio lower their payments by refinancing to a lower fixed interest rate at a higher LTV ratio than typically acceptable.

  • Available data suggest that bank lending in the CRE sector occurs at high loan-to-value (LTV) ratios in several EEA countries.

  • Each monthly loan record contains the borrower’s FICO credit score, loan-to-value (LTV) ratio at origination, the last 12 month’s delinquency history, the property zip code, the type of loan, and the original and current balance of the loan.


More Definitions of loan-to-value (LTV

loan-to-value (LTV means the aggregate amount of all sums borrowed including outstanding balances plus any unfunded commitment or line of credit from all sources on an item of collateral divided by the market value of the collateral used to secure the loan. (NCUA)
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loan-to-value (LTV. The ratio that results when the Unpaid Principal Balance of a Mortgage Loan is divided by the Value of the related Mortgaged Property.
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Related to loan-to-value (LTV

  • Loan-to-Value Ratio With respect to any Mortgage Loan and as to any date of determination, the fraction (expressed as a percentage) the numerator of which is the principal balance of the related Mortgage Loan at such date of determination and the denominator of which is the Appraised Value of the related Mortgaged Property.

  • LTV means with respect to any Mortgage Loan, the ratio of the original outstanding principal amount of the Mortgage Loan to the lesser of (a) the Appraised Value of the Mortgaged Property at origination or (b) if the Mortgaged Property was purchased within 12 months of the origination of the Mortgage Loan, the purchase price of the Mortgaged Property.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.