What is LTV Ratio? 📌 Loan to Value Ratios Explained in Simple Terms (+ Easy-to-understand Example) скачать в хорошем качестве

What is LTV Ratio? 📌 Loan to Value Ratios Explained in Simple Terms (+ Easy-to-understand Example)

In this video, I explain what the LTV (Loan to Value) Ratio is, and give an easy-to-understand example. After watching this video, you should be able to confidently understand Loan to Value ratios. ➡️ LTV Ratio: measures your mortgage to the value of your property. Example: If you want to buy a property for $1 million, and put down 20%, you will have an $800,000 mortgage. If you divide 800,000 by 1 million, you will get .80 or 80%. This percentage will then be your loan-to-value ratio. The LTV Ratio will always be proportional to the amount of money you put down initially. ➡️ The actual percentage will always be determined by the property’s value and the amount of the first mortgage. Why is the LTV Ratio important?: Lenders typically use this number to determine if you're eligible for a loan. The more money you put down, the better your rate will be. 💬 Let me know in the comment section below if you found this video helpful, and if you have any more questions! ✅ If you've enjoyed this video, please consider subscribing to Vlad Sarser here:    / @vlad_sarser   --------------- Welcome to the official home of Vlad Sarser on YouTube! 📈 From credit building to mortgage shopping, this channel is an all-in-one stop for financial advice. I’m Vlad Sarsrer, a mortgage broker and loan officer. Finances can be difficult to understand, but they don’t have to be! On this channel, I give you the best professional financial advice in a way that’s easy to understand. ➡️ What will you learn from my videos? You’ll learn how to make smart financial decisions, never make any of the common financial mistakes, and stay out of debt. After watching my videos, all that stress you had about your finances will be gone, and you’ll be better equipped to know how to smartly handle your expenses. ➡️ Please keep in mind that this channel is for educational purposes only. I will teach you how to start a new credit history as well as get a mortgage on a home or investment property the right way! So, definitely make sure to subscribe and hit that bell to never miss out on another one of my videos! 🔔 --------------- 📲 Follow Vlad Sarser on Social Media: 📣 Facebook ➟   / vladsarser   📲LinkedIn ➟   / vlad-sarser   📸 Instagram ➟   / vlad_sarser   💻 An definitely check out my Website ➟ http://alianzainc.net Connect with me further! 📞 Call me or Text me: 310-365-8172 📧 Email me: vlad@alianzainc.net NMLS 1872106 --------------- #LTVRatio #LoanToValueRatios #VladSarser #EligibleForLoan #HomeLoan #Mortgage