22 JUN 2026
LTV Ratio Explained: Why It Affects Your Rate, PMI, and Approval
Posted By: Jordan Hayes
Loan-to-value ratio (LTV) is the percentage of a home's value you are borrowing. An 80% LTV means you are putting 20% down. It controls whether you pay PMI, what interest rate you get, and whether you qualify at all. Here is everything you need to know.