{"id":1956,"date":"2016-09-01T19:29:40","date_gmt":"2016-09-01T19:29:40","guid":{"rendered":"http:\/\/riverbankfinance.com\/blog\/?p=1956"},"modified":"2016-09-09T18:52:40","modified_gmt":"2016-09-09T18:52:40","slug":"what-is-a-loan-to-value-ltv-ratio","status":"publish","type":"post","link":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/","title":{"rendered":"What is a Loan-to-Value (LTV) Ratio?"},"content":{"rendered":"<p><span style=\"color: #000000; font-family: Calibri;\">If you\u2019ve ever been in the market for a mortgage, you\u2019ve probably heard the phrase \u2018loan-to-value ratio\u2019 or \u2018LTV\u2019 for short. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">Obtaining a new mortgage can be nerve-wracking, even without the financial jargon and acronyms\u2014so let\u2019s talk about LTV, what it means, and how it affects you and your mortgage.<\/span><\/p>\n<h3><span style=\"color: #000000; font-family: Calibri;\">How are Loan-to-Value ratios calculated? <\/span><\/h3>\n<p><span style=\"color: #000000; font-family: Calibri;\">The Loan-to-Value Ratio is essentially the financed amount divided by the home\u2019s value or purchase price, expressed as a percentage. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">Let\u2019s say for example that you\u2019ve found a home you\u2019d like to purchase for $200,000 with a down payment of 20% ($40,000). <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">You would be financing $160,000 of the $200,000 purchase price, which gives you a loan-to-value ratio of 80%.<\/span><\/p>\n<h3><span style=\"color: #000000; font-family: Calibri;\">Why\u00a0are Loan-to-Value ratios important?<\/span><\/h3>\n<p><span style=\"color: #000000; font-family: Calibri;\">Now that you know what LTV means, let\u2019s talk about why it is important. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">The higher your LTV, the greater \u2018risk\u2019 you are to your lender. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">This, among other factors, determines the interest rate your lender will offer you.<\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0 <\/span><span style=\"color: #000000; font-family: Calibri;\">You may be thinking \u2018What if I don\u2019t have 20% to put down? What other options do I have?\u2019 Well, I\u2019m glad you asked!<\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0 <\/span><span style=\"color: #000000; font-family: Calibri;\">There are many loan programs available today; each with benefits, and its own unique set of guidelines.<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000; font-family: Calibri;\"><a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/conventional-mortgage.html\">Conventional loans<\/a> require, at a minimum, a 3% down payment. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">Our new 1% down option, however, allows the borrower to put only 1% down and we contribute the other 2%, leaving the borrower with 3% equity and a 97% LTV. <\/span><\/li>\n<li><span style=\"color: #000000; font-family: Calibri;\"><a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/fha-mortgage.html\">FHA loans<\/a> require, at a minimum, a 3.5% down payment. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">The interest rates are typically higher on FHA than on Conventional, but are more forgiving of borrowers with lower credit or bankruptcy\/foreclosure in the past. <\/span><\/li>\n<li><span style=\"color: #000000; font-family: Calibri;\"><a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/va-loan.html\">VA loans<\/a> and <a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/usda-rural-housing-mortgage.html\">USDA loans<\/a> are zero down programs, but require that the borrower be a US Veteran (for <a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/va-loan.html\">VA loans<\/a>) or that the home be located in an eligible, rural area (for <a href=\"http:\/\/riverbankfinance.com\/mortgage-programs\/usda-rural-housing-mortgage.html\">USDA loans<\/a>).<\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0 <\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000; font-family: Calibri;\">Generally, the greater the down payment you are able to provide, the lower your LTV will be; the lower your LTV, the better loan terms you will receive. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0<\/span><span style=\"color: #000000; font-family: Calibri;\">The most significant rate changes happen in increments of 5%, and when you reach an 80% LTV. <\/span><span style=\"color: #000000; font-family: Calibri;\">\u00a0\u00a0<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri;\">Still unsure? Have a specific scenario you\u2019d like to run past us? Give us a call to speak with one of our licensed loan officers. We would love to recommend the best loan program for you and your situation.<\/span><\/p>\n<h3><span style=\"color: #000000; font-family: Calibri;\">Apply for a Mortgage <\/span><\/h3>\n<p><span style=\"color: #000000; font-family: Calibri;\">Call Riverbank today at 1-800-555-2098 or apply online today!<\/span><\/p>\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f185-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"185\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/blog\/wp-json\/wp\/v2\/posts\/1956#wpcf7-f185-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"185\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1.6\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f185-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/><input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/fieldset>\n<div class=\"application_form\">\n\t<div class=\"block_top\" id=\"apply_form\">\n\t<\/div>\n\t<div class=\"spacer_top\">\n\t<\/div>\n\t<div class=\"ApplyFullHeader\">\n\t\t<p class=\"replaceheader\">Request Home Loan Information Now!\n\t\t<\/p>\n\t<\/div>\n\t<div class=\"blueBox\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-name\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Your Name (required)\" value=\"\" type=\"text\" name=\"your-name\" \/><\/span>\n\t\t<\/p>\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-email\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Your Email (required)\" value=\"\" type=\"email\" name=\"your-email\" \/><\/span>\n\t\t<\/p>\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-phone\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone:\" value=\"\" type=\"text\" name=\"your-phone\" \/><\/span>\n\t\t<\/p>\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-goal\"><select class=\"wpcf7-form-control wpcf7-select\" aria-invalid=\"false\" name=\"your-goal\"><option value=\"Purchase\">Purchase<\/option><option value=\"Refinance\">Refinance<\/option><option value=\"Cash Out\">Cash Out<\/option><option value=\"More Information\">More Information<\/option><\/select><\/span>\n\t\t<\/p>\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-message\"><textarea cols=\"40\" rows=\"10\" maxlength=\"2000\" class=\"wpcf7-form-control wpcf7-textarea\" aria-invalid=\"false\" placeholder=\"Your Message:\" name=\"your-message\"><\/textarea><\/span>\n\t\t<\/p>\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"referer-page\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text referer-page\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"referer-page\" \/><\/span><br \/>\n\t\t\n\t\t<\/p>\n\t\t<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner submit\" type=\"submit\" value=\"Submit Now!\" \/>\n\t\t<\/p>\n\t<\/div>\n\t<div style=\"text-align: justify; color:#666666;font-size: small;\">\n\t\t<p>By clicking \"Submit Now!\", you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Riverbank Finance LLC about your inquiry and other home-related matters, but not as a condition of any purchase; this applies regardless of whether you check, or leave un-checked, any box above. You also agree to our Privacy Policy and Terms of Use regarding the information relating to you. Msg\/data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. This no obligation inquiry does not constitute a mortgage application. To apply now or get immediate assistance, call us at 1-800-555-2098.\n\t\t<\/p>\n\t<\/div>\n<\/div><p style=\"display: none !important;\" class=\"akismet-fields-container\" data-prefix=\"_wpcf7_ak_\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"210\"\/><script>\ndocument.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );\n<\/script>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019ve ever been in the market for a mortgage, you\u2019ve probably heard the phrase \u2018loan-to-value ratio\u2019 or \u2018LTV\u2019 for short. \u00a0Obtaining a new mortgage can be nerve-wracking, even without the financial jargon and acronyms\u2014so let\u2019s talk about LTV, what it means, and how it affects you and your mortgage. How are Loan-to-Value ratios calculated?<a class=\"excerpt-read-more\" href=\"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/\" title=\"ReadWhat is a Loan-to-Value (LTV) Ratio?\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":10,"featured_media":1959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[301,70,308,305],"tags":[762,763,760,761,766,765,764],"class_list":["post-1956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","category-first-time-home-buyer","category-mortgage-tips","category-refinance-2","tag-down-payment-amount","tag-loan-programs","tag-loan-to-value","tag-loan-to-value-ratio","tag-ltv","tag-mortgage-loan-to-value","tag-program-guidelines"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Michigan Mortgage Blog - Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"What is a Loan-to-Value (LTV) Ratio?\" \/>\n\t\t<meta property=\"og:description\" content=\"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2016-09-01T19:29:40+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2016-09-09T18:52:40+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"What is a Loan-to-Value (LTV) Ratio?\" \/>\n\t\t<meta name=\"twitter:description\" content=\"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#blogposting\",\"name\":\"What is a Loan-to-Value (LTV) Ratio?\",\"headline\":\"What is a Loan-to-Value (LTV) Ratio?\",\"author\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/author\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/What-is-LTV.jpeg\",\"width\":1280,\"height\":711,\"caption\":\"What is a LTV\"},\"datePublished\":\"2016-09-01T19:29:40-05:00\",\"dateModified\":\"2016-09-09T18:52:40-05:00\",\"inLanguage\":\"en\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#webpage\"},\"articleSection\":\"Buying a Home, First Time Home Buyer, Mortgage Tips, Refinance, down payment amount, loan programs, loan to value, loan to value ratio, ltv, mortgage loan to value, program guidelines\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/first-time-home-buyer\\\/#listItem\",\"name\":\"First Time Home Buyer\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/first-time-home-buyer\\\/#listItem\",\"position\":2,\"name\":\"First Time Home Buyer\",\"item\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/first-time-home-buyer\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#listItem\",\"name\":\"What is a Loan-to-Value (LTV) Ratio?\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#listItem\",\"position\":3,\"name\":\"What is a Loan-to-Value (LTV) Ratio?\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/first-time-home-buyer\\\/#listItem\",\"name\":\"First Time Home Buyer\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#organization\",\"name\":\"Michigan Mortgage Blog\",\"description\":\"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/author\\\/#author\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/author\\\/\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#webpage\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/\",\"name\":\"What is a Loan-to-Value (LTV) Ratio?\",\"description\":\"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.\",\"inLanguage\":\"en\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/author\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/author\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/What-is-LTV.jpeg\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#mainImage\",\"width\":1280,\"height\":711,\"caption\":\"What is a LTV\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/what-is-a-loan-to-value-ltv-ratio\\\/#mainImage\"},\"datePublished\":\"2016-09-01T19:29:40-05:00\",\"dateModified\":\"2016-09-09T18:52:40-05:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/\",\"name\":\"Michigan Mortgage Blog\",\"description\":\"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage\",\"inLanguage\":\"en\",\"publisher\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"What is a Loan-to-Value (LTV) Ratio?","description":"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.","canonical_url":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#blogposting","name":"What is a Loan-to-Value (LTV) Ratio?","headline":"What is a Loan-to-Value (LTV) Ratio?","author":{"@id":"https:\/\/riverbankfinance.com\/blog\/author\/#author"},"publisher":{"@id":"https:\/\/riverbankfinance.com\/blog\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/riverbankfinance.com\/blog\/wp-content\/uploads\/2016\/09\/What-is-LTV.jpeg","width":1280,"height":711,"caption":"What is a LTV"},"datePublished":"2016-09-01T19:29:40-05:00","dateModified":"2016-09-09T18:52:40-05:00","inLanguage":"en","mainEntityOfPage":{"@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#webpage"},"isPartOf":{"@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#webpage"},"articleSection":"Buying a Home, First Time Home Buyer, Mortgage Tips, Refinance, down payment amount, loan programs, loan to value, loan to value ratio, ltv, mortgage loan to value, program guidelines"},{"@type":"BreadcrumbList","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog#listItem","position":1,"name":"Home","item":"https:\/\/riverbankfinance.com\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/#listItem","name":"First Time Home Buyer"}},{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/#listItem","position":2,"name":"First Time Home Buyer","item":"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/","nextItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#listItem","name":"What is a Loan-to-Value (LTV) Ratio?"},"previousItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#listItem","position":3,"name":"What is a Loan-to-Value (LTV) Ratio?","previousItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/#listItem","name":"First Time Home Buyer"}}]},{"@type":"Organization","@id":"https:\/\/riverbankfinance.com\/blog\/#organization","name":"Michigan Mortgage Blog","description":"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage","url":"https:\/\/riverbankfinance.com\/blog\/"},{"@type":"Person","@id":"https:\/\/riverbankfinance.com\/blog\/author\/#author","url":"https:\/\/riverbankfinance.com\/blog\/author\/"},{"@type":"WebPage","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#webpage","url":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/","name":"What is a Loan-to-Value (LTV) Ratio?","description":"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.","inLanguage":"en","isPartOf":{"@id":"https:\/\/riverbankfinance.com\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#breadcrumblist"},"author":{"@id":"https:\/\/riverbankfinance.com\/blog\/author\/#author"},"creator":{"@id":"https:\/\/riverbankfinance.com\/blog\/author\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/riverbankfinance.com\/blog\/wp-content\/uploads\/2016\/09\/What-is-LTV.jpeg","@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#mainImage","width":1280,"height":711,"caption":"What is a LTV"},"primaryImageOfPage":{"@id":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/#mainImage"},"datePublished":"2016-09-01T19:29:40-05:00","dateModified":"2016-09-09T18:52:40-05:00"},{"@type":"WebSite","@id":"https:\/\/riverbankfinance.com\/blog\/#website","url":"https:\/\/riverbankfinance.com\/blog\/","name":"Michigan Mortgage Blog","description":"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage","inLanguage":"en","publisher":{"@id":"https:\/\/riverbankfinance.com\/blog\/#organization"}}]},"og:locale":"en_US","og:site_name":"Michigan Mortgage Blog - Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage","og:type":"article","og:title":"What is a Loan-to-Value (LTV) Ratio?","og:description":"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.","og:url":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/","article:published_time":"2016-09-01T19:29:40+00:00","article:modified_time":"2016-09-09T18:52:40+00:00","twitter:card":"summary_large_image","twitter:title":"What is a Loan-to-Value (LTV) Ratio?","twitter:description":"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages."},"aioseo_meta_data":{"post_id":"1956","title":"What is a Loan-to-Value (LTV) Ratio?","description":"An explanation of loan-to-value (LTV) ratios, what they mean, and how they affect borrowers and their mortgages.","keywords":[{"label":"mortgage loan to value","value":"mortgage loan to value"},{"label":"loan-to-value ratio","value":"loan-to-value ratio"},{"label":"down payment amount","value":"down payment amount"},{"label":"ltv","value":"ltv"}],"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2021-01-19 02:35:43","updated":"2025-06-05 04:26:16","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/riverbankfinance.com\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/\" title=\"First Time Home Buyer\">First Time Home Buyer<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tWhat is a Loan-to-Value (LTV) Ratio?\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/riverbankfinance.com\/blog"},{"label":"First Time Home Buyer","link":"https:\/\/riverbankfinance.com\/blog\/category\/first-time-home-buyer\/"},{"label":"What is a Loan-to-Value (LTV) Ratio?","link":"https:\/\/riverbankfinance.com\/blog\/what-is-a-loan-to-value-ltv-ratio\/"}],"_links":{"self":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/posts\/1956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/comments?post=1956"}],"version-history":[{"count":5,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/posts\/1956\/revisions"}],"predecessor-version":[{"id":1962,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/posts\/1956\/revisions\/1962"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/media\/1959"}],"wp:attachment":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/media?parent=1956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories?post=1956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/tags?post=1956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}