How 115 loan can Save You Time, Stress, and Money.
An LTV around 100% suggests you owe extra over the loan than your car or truck is truly worth. This is considered negative equity. It’s also usually referred to as currently being the other way up or underwater with your loan. The upper your LTV, the harder it may be to qualify for a automobile refinance loan.Your loan-to-worth (LTV) ratio is amo