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Loan-to-value (LTV) Ratio: The Ratio Of The Principal Balance Of A Mortgage Loan To The Value Of The Securing Property, As Determined By The Purchase Price Or Appraised Value, Whichever Is Less.
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Loan-to-value (LTV) Ratio: The Ratio Of The Principal Balance Of A Mortgage Loan To The Value Of The Securing Property, As Determined By The Purchase Price Or Appraised Value, Whichever Is Less.
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