Housing Credit Acquisition
What is LTC and LTV in credit?
Do you know the purpose of Loan-to-Cost (LTC) and Loan-to-Value (LTV) ratios in financing? Find out more.
Do you know the purpose of Loan-to-Cost (LTC) and Loan-to-Value (LTV) ratios in financing? Find out more.
For home credit - housing, some measures are used to determine the loan risk for the bank. Understand what LTV is and why the lower value between acquisition and evaluation is used to calculate it.