Question
Your client, Alicia, is applying for a $170,000 loan for a home with an appraised value of $230,000. What is the loan to value?
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The loantovalue LTV ratio is a measure of the loan amount compared to the appraised value of the ...Get Instant Access to Expert-Tailored Solutions
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
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