Terms that begin with L
- Late fee
- Late payment
- Lease
- Lender
- Liability
- Lien
- Line of credit
- Loan
- Loan-to-value ratio (LTV)
GLOSSARY TERMS
Loan-to-value ratio (LTV)
The amount of a home loan compared to the appraised value of the home. Generally, a lower loan-to-value ratio results in more favorable loan terms.
Previous Credit Report Term: Loan
Next Credit Report Term: Manner of Payment (MOP)
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