{"id":207300,"date":"2024-11-23T00:12:09","date_gmt":"2024-11-23T00:12:09","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/"},"modified":"2024-11-23T00:12:09","modified_gmt":"2024-11-23T00:12:09","slug":"is-ltv-based-on-appraisal-or-purchase-price","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/","title":{"rendered":"Is LTV based on appraisal or purchase price?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#Is_LTV_based_on_appraisal_or_purchase_price\" title=\"Is LTV based on appraisal or purchase price?\">Is LTV based on appraisal or purchase price?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#FAQs\" title=\"FAQs:\">FAQs:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#1_What_is_the_difference_between_appraisal_value_and_purchase_price\" title=\"1. What is the difference between appraisal value and purchase price?\">1. What is the difference between appraisal value and purchase price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#2_Why_is_the_appraisal_value_used_to_determine_LTV\" title=\"2. Why is the appraisal value used to determine LTV?\">2. Why is the appraisal value used to determine LTV?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#3_Can_the_purchase_price_affect_the_LTV_ratio\" title=\"3. Can the purchase price affect the LTV ratio?\">3. Can the purchase price affect the LTV ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#4_How_does_a_higher_LTV_ratio_impact_the_loan_terms\" title=\"4. How does a higher LTV ratio impact the loan terms?\">4. How does a higher LTV ratio impact the loan terms?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#5_Can_the_borrower_request_a_new_appraisal_if_they_disagree_with_the_initial_valuation\" title=\"5. Can the borrower request a new appraisal if they disagree with the initial valuation?\">5. Can the borrower request a new appraisal if they disagree with the initial valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#6_Does_the_appraisal_value_always_increase_over_time\" title=\"6. Does the appraisal value always increase over time?\">6. Does the appraisal value always increase over time?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#7_How_often_is_an_appraisal_required_for_a_loan\" title=\"7. How often is an appraisal required for a loan?\">7. How often is an appraisal required for a loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#8_Are_there_any_instances_where_the_purchase_price_is_used_instead_of_the_appraisal_value\" title=\"8. Are there any instances where the purchase price is used instead of the appraisal value?\">8. Are there any instances where the purchase price is used instead of the appraisal value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#9_How_can_borrowers_improve_their_LTV_ratio\" title=\"9. How can borrowers improve their LTV ratio?\">9. How can borrowers improve their LTV ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#10_What_happens_if_the_appraisal_value_is_lower_than_the_purchase_price\" title=\"10. What happens if the appraisal value is lower than the purchase price?\">10. What happens if the appraisal value is lower than the purchase price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#11_Can_borrowers_get_a_copy_of_the_appraisal_report\" title=\"11. Can borrowers get a copy of the appraisal report?\">11. Can borrowers get a copy of the appraisal report?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#12_How_does_the_LTV_ratio_impact_the_borrowers_financial_risk\" title=\"12. How does the LTV ratio impact the borrower&#8217;s financial risk?\">12. How does the LTV ratio impact the borrower&#8217;s financial risk?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Is_LTV_based_on_appraisal_or_purchase_price\"><\/span>Is LTV based on appraisal or purchase price?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal value of the property rather than the purchase price. The appraisal value is an unbiased estimate of what the property is worth in the current market, which helps lenders assess the risk of the loan.<\/p>\n<p>The LTV ratio is calculated by dividing the loan amount by the appraised value of the property. For example, if a lender provides a loan for $200,000 on a property appraised at $250,000, the LTV ratio would be 80%. This ratio gives lenders an indication of how much equity is in the property and the borrower&#8217;s level of financial commitment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_the_difference_between_appraisal_value_and_purchase_price\"><\/span>1. What is the difference between appraisal value and purchase price?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAppraisal value is an estimate of a property&#8217;s worth based on various factors such as location, condition, and comparable sales in the area, while purchase price is the actual price paid for the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Why_is_the_appraisal_value_used_to_determine_LTV\"><\/span>2. Why is the appraisal value used to determine LTV?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nUsing the appraisal value helps ensure that the property is accurately valued based on current market conditions, providing a more objective assessment for lenders.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Can_the_purchase_price_affect_the_LTV_ratio\"><\/span>3. Can the purchase price affect the LTV ratio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn some cases, if the purchase price is significantly lower than the appraisal value, it can potentially impact the LTV ratio by allowing for a lower loan amount relative to the property&#8217;s value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_does_a_higher_LTV_ratio_impact_the_loan_terms\"><\/span>4. How does a higher LTV ratio impact the loan terms?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA higher LTV ratio typically indicates a higher risk for the lender, which may result in higher interest rates, mortgage insurance requirements, or other conditions on the loan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_the_borrower_request_a_new_appraisal_if_they_disagree_with_the_initial_valuation\"><\/span>5. Can the borrower request a new appraisal if they disagree with the initial valuation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn some situations, borrowers may have the option to challenge the appraisal or request a re-evaluation if they believe the value does not accurately reflect the property&#8217;s worth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Does_the_appraisal_value_always_increase_over_time\"><\/span>6. Does the appraisal value always increase over time?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile property values generally trend upwards over time, they can also fluctuate based on market conditions, location, and other factors that may impact the appraisal value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_How_often_is_an_appraisal_required_for_a_loan\"><\/span>7. How often is an appraisal required for a loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nLenders typically require a new appraisal for each new loan application to ensure that the property&#8217;s value is current and reflects any changes in market conditions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Are_there_any_instances_where_the_purchase_price_is_used_instead_of_the_appraisal_value\"><\/span>8. Are there any instances where the purchase price is used instead of the appraisal value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn some cases, such as with certain government programs or special circumstances, the purchase price may be used to determine the loan amount and LTV ratio.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_How_can_borrowers_improve_their_LTV_ratio\"><\/span>9. How can borrowers improve their LTV ratio?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBorrowers can improve their LTV ratio by increasing their down payment, negotiating a lower purchase price, or making improvements to the property that increase its value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_What_happens_if_the_appraisal_value_is_lower_than_the_purchase_price\"><\/span>10. What happens if the appraisal value is lower than the purchase price?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf the appraisal value is lower than the purchase price, it can impact the loan amount, down payment requirements, and potentially the borrower&#8217;s ability to secure financing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_borrowers_get_a_copy_of_the_appraisal_report\"><\/span>11. Can borrowers get a copy of the appraisal report?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nBorrowers have the right to request a copy of the appraisal report used to determine the property&#8217;s value for the loan application.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_How_does_the_LTV_ratio_impact_the_borrowers_financial_risk\"><\/span>12. How does the LTV ratio impact the borrower&#8217;s financial risk?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA lower LTV ratio indicates a greater equity stake in the property, which can reduce the borrower&#8217;s financial risk and potentially provide more favorable loan terms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal value of the property rather than the purchase price. The appraisal value is an unbiased estimate of what the property is worth in the current market, which helps &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Is LTV based on appraisal or purchase price?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#more-207300\">Read more<span class=\"screen-reader-text\">Is LTV based on appraisal or purchase price?<\/span><\/a><\/p>\n","protected":false},"author":52,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-207300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is LTV based on appraisal or purchase price?<\/title>\n<meta name=\"description\" content=\"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is LTV based on appraisal or purchase price?\" \/>\n<meta property=\"og:description\" content=\"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-23T00:12:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2024\/03\/faq.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Darin Woods\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Darin Woods\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\"},\"author\":{\"name\":\"Darin Woods\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/86d7f66c16fbf3ccddf36de93675a4a1\"},\"headline\":\"Is LTV based on appraisal or purchase price?\",\"datePublished\":\"2024-11-23T00:12:09+00:00\",\"dateModified\":\"2024-11-23T00:12:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\"},\"wordCount\":575,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\",\"name\":\"Is LTV based on appraisal or purchase price?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2024-11-23T00:12:09+00:00\",\"dateModified\":\"2024-11-23T00:12:09+00:00\",\"description\":\"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is LTV based on appraisal or purchase price?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"description\":\"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co\",\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/namso-gen.co\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"contentUrl\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"width\":500,\"height\":164,\"caption\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\"},\"image\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/synchronyfinancial\",\"https:\/\/twitter.com\/synchrony\",\"https:\/\/www.youtube.com\/synchronyfinancial\",\"https:\/\/www.instagram.com\/synchrony\",\"https:\/\/www.linkedin.com\/company\/synchrony-financial\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/86d7f66c16fbf3ccddf36de93675a4a1\",\"name\":\"Darin Woods\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Darin Woods\"},\"description\":\"Guest author Darin Woods has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Is LTV based on appraisal or purchase price?","description":"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/","og_locale":"en_US","og_type":"article","og_title":"Is LTV based on appraisal or purchase price?","og_description":"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal","og_url":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/","og_site_name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","article_publisher":"https:\/\/www.facebook.com\/synchronyfinancial","article_published_time":"2024-11-23T00:12:09+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2024\/03\/faq.png","type":"image\/png"}],"author":"Darin Woods","twitter_card":"summary_large_image","twitter_creator":"@synchrony","twitter_site":"@synchrony","twitter_misc":{"Written by":"Darin Woods","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#article","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/"},"author":{"name":"Darin Woods","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/86d7f66c16fbf3ccddf36de93675a4a1"},"headline":"Is LTV based on appraisal or purchase price?","datePublished":"2024-11-23T00:12:09+00:00","dateModified":"2024-11-23T00:12:09+00:00","mainEntityOfPage":{"@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/"},"wordCount":575,"commentCount":0,"publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"articleSection":["Learn"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/","url":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/","name":"Is LTV based on appraisal or purchase price?","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/#website"},"datePublished":"2024-11-23T00:12:09+00:00","dateModified":"2024-11-23T00:12:09+00:00","description":"Is LTV based on appraisal or purchase price? When it comes to determining the Loan-to-Value (LTV) ratio for a loan, it is typically based on the appraisal","breadcrumb":{"@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/namso-gen.co\/blog\/is-ltv-based-on-appraisal-or-purchase-price\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/namso-gen.co\/blog\/"},{"@type":"ListItem","position":2,"name":"Is LTV based on appraisal or purchase price?"}]},{"@type":"WebSite","@id":"https:\/\/namso-gen.co\/blog\/#website","url":"https:\/\/namso-gen.co\/blog\/","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","description":"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co","publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/namso-gen.co\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/namso-gen.co\/blog\/#organization","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","url":"https:\/\/namso-gen.co\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","contentUrl":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","width":500,"height":164,"caption":"Namso Gen Blog - Free Credit Card Generator [100% Valid]"},"image":{"@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/synchronyfinancial","https:\/\/twitter.com\/synchrony","https:\/\/www.youtube.com\/synchronyfinancial","https:\/\/www.instagram.com\/synchrony","https:\/\/www.linkedin.com\/company\/synchrony-financial"]},{"@type":"Person","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/86d7f66c16fbf3ccddf36de93675a4a1","name":"Darin Woods","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Darin Woods"},"description":"Guest author Darin Woods has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here."}]}},"_links":{"self":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/207300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/comments?post=207300"}],"version-history":[{"count":0,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/207300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media\/107420"}],"wp:attachment":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media?parent=207300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/categories?post=207300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/tags?post=207300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}