Glossary | LTV

LTV (Loan to Value):

The ratio of a loan to the value of an asset purchased. Boro uses NADA/KBB clean trade in value as a reference for the value for auto loans.

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Boro NMLS No. 1635300. NMLS Consumer Access

Michigan Regulatory Loan License (RL-0020249), effective February 12, 2016, issued by Department of Insurance and Financial Services. Contact info: Office of Consumer Finance, 530 W. Allegan Street, 7th Fl., Lansing, MI 48933-1521

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LTV (Loan to Value):

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