Glossary

Loan-To-After-Repair Value (LTARV)

The Loan-To-After-Repair Value is the estimated value of a property after repairs and renovations have been completed, divided by the amount of the loan. The LTARV is used to determine the maximum loan amount that can be borrowed for the purchase of a fixer-upper. The after repair value lets owners or investors know how much to sell a property after renovating.