Loan to Value Ratio
To help our clients understand how some mortgage decisions are made we have made a series of videos. The following video gives an explanation of how to determine your loan to value ratio (LTV).
- LTV below 75% is considered to be good
- LTV between 75% and 80% is considered to be acceptable
- LTV between 80% and 85% is risky
- LTV above 85% is very risky