LTV and ARV?

[Frank Caraccia]

Hello everybody!

I was hoping that someone can explain the differance between the 2 as clear as possible. I think im overthinking it but i could use some help. I know arv is after repair value. So a lender will lend based on what the property is apprasied for? LTV is loan to value, Ltv im more unsure of the meaning can some one explain what ltv means? Thanks in advance!