Question
The Loan to Value (LTV) ratio is: represents the ratio of the first mortgage as a percentage of the appraised value of the property Net
The Loan to Value (LTV) ratio is:
| represents the ratio of the first mortgage as a percentage of the appraised value of the property | ||
| Net Present Value (NPV) divided by outstanding debt | ||
| the ratio of income to debt |
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
