how much ltv to refinance
Simple mortgage definitions: loan-to-value (LTV) Loan-to-value or LTV: 80%; Refinancing a home with a second mortgage. Home value: $100,000; Loan balance: $80,000; Second loan balance : $10,000; Equity: $10,000; Loan-to-value or LTV: 90%; Whether you're buying or refinancing, though, your loan's loan-to-value is important because it helps to determine your mortgage rate and your loan eligibility. Verify your mortgage eligibility (Feb 21st, 2018) High LTV loans for home buyers. Loan-to-value is a key factor in your ability to get approved for a mortgage.