The LTV value of the home loans issued by a bank is 80 percent.This means that the ________.

Question

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A)Loan-to-value (LTV)is the amount of the loan relative to a house's assessed value. If the LTV is 80 percent, the bank wouldn't lend more than 80 percent of market value. Borrowers have to come up with a 20 percent down payment.
B)Loan-to-value (LTV)is the amount of the loan relative to a house's assessed value. If the LTV is 80 percent, the bank wouldn't lend more than 80 percent of market value. Borrowers have to come up with a 20 percent down payment.
C)Loan-to-value (LTV)is the amount of the loan relative to a house's assessed value. If the LTV is 80 percent, the bank wouldn't lend more than 80 percent of market value. Borrowers have to come up with a 20 percent down payment.
D)Loan-to-value (LTV)is the amount of the loan relative to a house's assessed value. If the LTV is 80 percent, the bank wouldn't lend more than 80 percent of market value. Borrowers have to come up with a 20 percent down payment.
E)Loan-to-value (LTV)is the amount of the loan relative to a house's assessed value. If the LTV is 80 percent, the bank wouldn't lend more than 80 percent of market value. Borrowers have to come up with a 20 percent down payment.

The LTV Value of the Home Loans Issued by a Bank