RY 169.17 -0.5584% TD 76.13 -0.8207% SHOP 108.96 -1.179% CNR 149.95 -0.6822% ENB 56.6 0.319% CP 108.02 0.4277% BMO 125.06 -1.2554% TRI 229.1 -0.4432% CNQ 47.72 0.9306% BN 75.06 1.1454% ATD 72.45 -0.8078% CSU 4215.2002 -1.0028% BNS 73.89 2.0017% CM 87.61 -0.3072% SU 53.1 1.22% TRP 64.74 0.2012% NGT 63.54 0.6176% WCN 246.82 -0.1335% MFC 41.32 0.4619% BCE 40.4 -9.8416%
The loan-to-value or LTV ratio is an evaluation of the lending threat that financial institutions as well as other lenders investigate before mortgage approval.
Typically, the evaluations with high Loan-to-Value ratios carry greater risk and, hence, if the mortgage is permitted, the cost of loan to the borrower is high.
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