A change in LTV ratio could happen for 2 reasons. First, an increase or decrease in the collateral value. If the collateral price increases, then your LTV rate will be going down under 60%. But if the collateral price decreases, then the LTV rate will go up over 60%. Second, late rapayment. Because if you are late for repayment, you are increasing your loan value.
What is the Reason for LTV Ratio Movement?
