Loan-to-Value Ratio: How the LTV Ratio Affects Homebuyers

Written by MasterClass

Last updated: Feb 4, 2022 • 5 min read

If you're a new homebuyer, applying for your first mortgage may seem like a complex and daunting task. To prepare yourself for this important life step and increase the chance of securing an approved loan, it's essential to understand the intricacies of LTV ratios.