Monthly Archives: May 2023

What is LTV When Buying an Albuquerque Home?

When purchasing a home in Albuquerque, it’s common to encounter unfamiliar terms. One such term is the loan-to-value ratio, or LTV. LTV, or Loan-to-Value, is a comparison between the amount of the loan one wishes to borrow and the appraisal value of the property being purchased. Lenders use this comparison to assess the level of... Read More