| 释义 |
High LTV Equity Loan High LTV Equity LoanA home equity loan in which the amount of the loan approaches (or possibly exceeds) the owner equity in the home that acts as collateral. Like other home equity loans, a high LTV equity loan is borrowed against the value of one's home. Because a high LTV equity loan represents a comparatively high risk for the lender, it may come with a high interest rate compared to other home equity loans. See also: Loan-to-value. |