Loan-to-Value (LTV) (LTV)

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Banking

The ratio of the outstanding principal amount of a mortgage loan to the appraised value of the mortgaged property. Original LTV is the LTV as of the date the property was purchased (i.e. original mortgage loan/original property value). Current LTV is the LTV measured on the basis of the remaining mortgage loan/property value as of a given measurement date.

National Credit Union Administration (NCUA) — Corporate System Resolution Costs Glossary retrieved 2014-05-27