English version

loan-to-value ratio

From Longman Business Dictionary
Related topics: Finance
loan-to-value ratioˌloan-to-ˈvalue ˌratio abbreviation LVR FINANCEPROPERTY the value of a house, land etc in relation to the value of the loan used to buy itIn order to refinance, they’ll have to pay down their first mortgage so that the loan-to-value ratio meets the requirements. ratio
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