A ratio of the amount of funds being borrowed, to the property's value.
This is the general term for the Loan to Value ratio. This measure is used to determine the percentage of the equity in a mortgage against the value of the security. eg. If a house is worth $160,000, and the mortgage over the property is $100,000, then the LVR is 62.50%. Typically, lenders consider 80% as the point at which Mortgage Insurance is required. Sometimes referred to as LTV
Loan to value ratio. This is one of the figures used by lenders when appraising a loan application. It is calculated by expressing the loan amount as a percentage of the property value. For example, for a loan application of $240000 on a property worth $300000, the LVR would be 80%. As a guide, most lenders will lend amounts up to 80% LVR, or higher with mortgage insurance - these figures will vary between lenders and between loan products.
Loan to Value Ratio. Refers to the maximum amount lenders will approve against the value of any property taken as security for your home loan. For example if you wish to purchase a property worth $100,000 the lender may approve a loan for 80% of the property value. It will then be up to you to provide the remaining 20% plus costs (mortgage registration and stamp duty etc).
(Loan to Valuation Ratio) the ratio of the amount lent, to the valuation of the property.
See Debt to Equity Ratio.