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Loan to Value (LTV)

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The ratio of the outstanding loan to the value of the asset/s against which the lien has been taken. Normally for a stated asset back deal, the financing is done up to 70% of the value of the property while for the full document deal it is 80 to 85%.

More words in the glossary starting with L

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Term Loans are made by Itria Ventures LLC or Cross River Bank, Member FDIC.

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