Want to create an interactive transcript for this episode?
Podcast: BiggerPockets Daily
Episode: Loan to Value Ratio (LTV): What Is It & How to Calculate It by Scott Gibson
Description: The loan-to-value (LTV) ratio is a key metric mortgage lenders use to assess their risk of lending you money. Most lenders use the LTV ratio, credit score, debt-to-income ratio, interest rate, and property value when processing your mortgage application. The loan-to-value ratio affects the amount of down payment the lender requires.Simply put—the lower your LTV ratio, the better your chance of getting finance approved at a competitive rate.This article is a complete guide to understanding LTV ratios and how they can help you make wise property investments. You will also find out ho...