There are numerous technical terms that one needs to be familiar with before they apply for home loan. One such term is the LTV (loan-to-value) ratio. Now, the LTV ratio plays an important role in your home loan eligibility. If you are not familiar with this term, read this article to learn more about it in detail. What does an LTV ratio mean? The loan percentage that is offered to the borrower against a fixed property value by the lender is known as the LTV ratio. This ratio is assessed…
Read MoreHow Important is Loan to Value Ratio in a Home Loan Application? Know Here!
