{"id":521,"date":"2025-04-29T11:31:36","date_gmt":"2025-04-29T11:31:36","guid":{"rendered":"https:\/\/nysck.com\/mixedusemortgage.com\/?p=521"},"modified":"2025-05-08T08:15:29","modified_gmt":"2025-05-08T08:15:29","slug":"max-75-ltv-purchase-or-refinance-mixed-use","status":"publish","type":"post","link":"https:\/\/nysck.com\/mixedusemortgage.com\/max-75-ltv-purchase-or-refinance-mixed-use\/","title":{"rendered":"Max 75% LTV Purchase or Refinance &#8211; Mixed Use"},"content":{"rendered":"<p><strong>75 Percent Maximum LTV: What Does it Signify?<\/strong><\/p>\n<p>One of the deciding factors for mortgage approval is the Loan-to-Value (LTV) ratio. This is a ratio of the loan amount to the purchase or appraised value of your property.<\/p>\n<p>This ratio is one of the loan characteristics used to assess your risk as a borrower interested in a purchase or refinancing. The maximum LTV in this case is 75 percent.<\/p>\n<p>Here is an illustration to help you understand this aspect better. Let us use two fictional potential borrowers, Tom and John.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">Tom\u2019s Case<\/span><\/strong>Tom owes $100,000 on a $200,000 property and wishes to refinance this mortgage.<\/p>\n<p>Tom\u2019s LTV ratio = $100,000\/$200,000 = 0.5 or 50 percent<\/p>\n<p>This means Tom can free up 50 percent equity on the property.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">John\u2019s Case<\/span><\/strong>John wants to buy a property valued at $250,000. He has $20,000 down payment.<\/p>\n<p>Loan value = $250,000 \u2013 $20,000 =230,000<\/p>\n<p>John\u2019s LTV ratio = $230,000\/$250,000 = .92, or 92 percent<\/p>\n<p>This means John\u2019s risk as a borrower is high.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">What Does this Mean?<\/span><\/strong>Both cases are valid, but the ramifications are different. The maximum LTV ratio represents the point where you begin paying mortgage interest on the loan.<\/p>\n<p>In the illustration above, a lender will easily consider Tom\u2019s loan application, but hesitate when it comes to John. John will have to pay mortgage insurance because he is considered a high-risk borrower.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">What Should You Do?<\/span><\/strong>The answer to this is simple: consult us. We are a reputable loan company that helps you tackle various issues with your loan. We work with lenders to make sure you get lending services tailored to your needs. Is your LTV too high? Let us tell you what to do to get the loan you need at reasonable rates.<\/p>\n<p>To\u00a0<a href=\"https:\/\/nysck.com\/mixedusemortgage.com\/contact\/\" target=\"_blank\" rel=\"noopener\">contact us<\/a>\u00a0by phone call (800) 535-0270 or\u00a0<a href=\"mailto:questions@mixedusemortgage.com\" target=\"_blank\" rel=\"noopener\">email us by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>75 Percent Maximum LTV: What Does it Signify? One of the deciding factors for mortgage approval is the Loan-to-Value (LTV) ratio. This is a ratio of the loan amount to the purchase or appraised value of your property. This ratio is one of the loan characteristics used to assess your risk as a borrower interested [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/posts\/521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/comments?post=521"}],"version-history":[{"count":6,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/posts\/521\/revisions"}],"predecessor-version":[{"id":837,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/posts\/521\/revisions\/837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/media\/843"}],"wp:attachment":[{"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/media?parent=521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/categories?post=521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nysck.com\/mixedusemortgage.com\/wp-json\/wp\/v2\/tags?post=521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}