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In the world of real estate, more specifically getting a mortgage, there are many acronyms and abbreviations that are thrown around by banks and mortgage brokers. To someone who is involved in the industry, these terms come natural but from the consumer’s perspective this word vomit of financing terms can be overwhelming and confusing. Purchasing a home is an exciting and proud moment which should not be filled with stress and anxiety. However, this is often the case for families when there is a lack of education being taught. The goal of this video is to help educate individuals and families on a common term that is used in the real estate financing world. This term is called LTV or Loan-to-Value. In this video we will… ✅Explain what the loan-to-value ratio is. ✅Teach you how to calculate your own loan-to-value ratio. And… ✅Break down different aspects of a mortgage that are affected by the loan-to-value ratio. If you have any questions, on this topic please feel free to direct those questions to the comments section or email them to yourrealestateplaybook@gmail.com