What is Loan to Value Ratio (LTV)?
A ratio determined by dividing the sales price or appraised value into the loan amount, expressed as a percentage.
For example, with a sales price of $100,000 and a mortgage loan of $80,000, your loan to value ratio would be 80%.
Loans with an LTV over 80% may require Private Mortgage Insurance.
Let's power your dreams
As your ally on the homebuying quest, M300 makes the process easy, clear, and enjoyable. You’re invited to apply and begin the journey with us - there are no commitments.