Common abbreviations and slang -what do they mean?
LTV - Loan to Value Sometimes you'll hear a loan officer mention LTV. This stands for loan-to-value. LTV is the amount financed as a percentage of the home's value. If you are borrowing $90,000
http://www.brokeroutpost.com/reference/53801.htm (Updated: 05/28/2007)
Related Reference Topics: [arm, niv, ltv, app, mortgage terms]

Mortgage Default
The inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms.
http://www.brokeroutpost.com/reference/10996.htm (Updated: 05/18/2007)
Related Reference Topics: [past due, late payments, default]