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Tuesday, June 30, 2020

What is LTV???

LTV means Loan to Vallue: LTV is a percentage of property value, which amount can be given to customer against his property value by any financial organization, in case of mortgage loan (loan against property) there are 
1. Maximum 70% at residential self occupied(SORP) property, 
2. Maximum 60% at self occupied commercial property(SOCP), and 
3. Maximum 50% industrial property.

Note: All above details are based on basic information collected from market... It may differ to any organization subject to their comfort. 

1 comment:

Unknown said...

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