Meaning of the word: LTV
LTV or Loan To Value is a financial term, which express the ratio between loan and value of an asset purchased. This term is usually used by banks, which offer mortgage loans. This indicates percentage of the total appraised value of real property. It is possible to borrow up to 80% of the value of the property.
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Universal life insurance
Universal life insurance is a flexible type of classic life insurance. Customers can change the payment of insurance, but they also can change the…
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