What does the loan-to-value ratio on a home represent? Is the down payment on a home related

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What does the loan-to-value ratio on a home represent? Is the down payment on a home related to its loan-to-value ratio? Explain.

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Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Question Posted: Feb 13, 2015 09:30 AM

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What does the loan-to-value ratio on a home represent? Is the down payment on a home related

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The loantovalue ratio specifies the maximum percentage of th...View the full answer

Personal Financial Planning

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