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2. Hard money loan - Wikipedia

   en.wikipedia.org/wiki/Hard_money_loan

   The loan amount the hard money lender is able to lend is determined by the ratio of loan amount divided by the value of the property. This is known as the loan to value (LTV). Many hard money lenders will only lend up to 65% of the current value of the property. [3] There is no such thing as 100% LTV for this type of transactions.

3. Loan-to-value ratio - Wikipedia

   en.wikipedia.org/wiki/Loan-to-value_ratio

   The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. In real estate , the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property .

4. Super jumbo mortgage - Wikipedia

   en.wikipedia.org/wiki/Super_jumbo_mortgage

   Typical Super Jumbo mortgage LTV maximums range from 80% to as low as 50% depending on loan amount and credit scoring. While 100% or "No Money Down" financing was available up to $2,000,000 until February 2007 from several of the leading Super Jumbo Mortgage Lenders, as of this writing [when?] none are currently able to fund LTV ratios higher ...

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   This down payment may be expressed as a portion of the value of the property (see below for a definition of this term). The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%.

6. Down payment - Wikipedia

   en.wikipedia.org/wiki/Down_payment

   In the United States, down payments for home purchases typically vary between 3.5% and 20% of the purchase price. [1] The Federal Housing Administration has advocated lower down payments since its inception in 1934, and, currently, borrowers that qualify for an FHA loan pay only 3.5% for a down payment.

7. Nonrecourse debt - Wikipedia

   en.wikipedia.org/wiki/Nonrecourse_debt

   Assuming that the creditor forecloses on the property and that the $20,000 excess of the debt over the property's fair market value ($100,000 less $80,000) is contractually discharged (for didactic symmetry with the nonrecourse example, let's assume, contrary to the commercial point of a recourse loan, that the debt is outright forgiven by the ...