- LTV or Loan-to-Value is determined by comparing the Loan Value and the Assessed Value of a property at the time of purchase. The Loan Value is a static number that is only updated if the property is resold and a new loan is taken out on the property.
Loan Value / Assessed Value = LTV
- If there is no loan taken out on a property the purchase price of the property is used in determining LTV
- Some states and counties may not have LTV information available due to state disclosure regulations.