The loan-to-value ratio on a mortgage is defined as the:

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The loan-to-value ratio (LTV) on a mortgage is calculated by dividing the loan amount by the appraised value of the property. This ratio represents the amount of the property that is being financed by the lender, and it is used to determine the amount of risk involved in the mortgage. A low LTV indicates a smaller risk for the lender, while a high LTV suggests a higher risk. Generally, lenders prefer a lower LTV, as it reduces their risk of default.

The Loan-To-Value Ratio on a Mortgage Is Defined as The