New Jersey. The state Department of Banking and Insurance has proposed a rule easing limits on loan-to-value, or LTV, ratios for banks and thrifts. Issued on March 15, the proposed rule will be out for comment until May 14. The proposal would allow banks and thrifts, under certain conditions, to acquire or originate mortgage loans with LTVs of more than 90 percent of the property’s appraised value, except for loans under $100,000 or unless