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URL:https://www.learndesk.us/class/6271362765160448/lesson/bcdf2885ef7227da0727bfc3150ec030?ref=outlook-calendar
SUMMARY:Loan - to - Value Ratio (LTV)
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/bcdf2885ef7227da0727bfc3150ec030?ref=outlook-calendar
DESCRIPTION: Formulas: LTV ratio = Loan ÷ Price (Value) Loan = LTV ratio x Price (Value) Price (Value) = Loan ÷ LTV ratio
Examples: 1. A borrower can get a $265,600 loan on a $332,000 home. What is her LTV ratio? LTV Ratio = $265,600 ÷ 332,000 = 80%
2. A borrower can get an 80% loan on a $332,000 home. What is the loan amount? Loan = $332,000 x .80 = $265,600
3. A borrower obtained an 80% loan for $265,600. What was the price of the home? Price (value) = $265,600 ÷ .80 = $332,000

https://www.learndesk.us/class/6271362765160448/lesson/bcdf2885ef7227da0727bfc3150ec030?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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