Understanding LTV Ratio: Key to Securing the Best Mortgage Loan in India

Devin Karlson30 Nov, 2024Finance

The Loan-to-Value (LTV) ratio is a critical factor when applying for a mortgage, influencing the amount you can borrow and the terms of your loan. It represents the proportion of your property's value that the lender is willing to finance. For instance, if the LTV ratio is 80%, the lender will provide 80% of the property's value as a loan, and you must cover the remaining 20% as a down payment.