Loan-to-value (LTV)
The loan amount as a percentage of the property’s value.
In plain terms
LTV = loan amount ÷ value. A $262,500 loan on a $350,000 property is 75% LTV (a 25% down payment). Lenders cap LTV to limit risk; investment loans often max out around 70–80% LTV, requiring 20–30% down.