Nov 20, 2018

What is Loan-to-Value Ratio (LTV)?

A loan-to-value or LTV ratio is a metric that compares the size of a loan to the value of the asset. Higher LTVs are generally riskier for lenders, and, for certain loans, can result in higher interest rates. When it comes to HUD 223(f) loans , HUD permits up to 85% LTV for market rate p