Articles on: Investing

What's the maximum loan to value ratio (LTV) for an investment property?

The maximum we can lend is 80% of the property’s appraised value, so you’ll need a minimum 20% down payment — or to answer the question precisely, 80/20.

Then for closing costs, work on a rough 2% to 3% of the purchase price. If you have those numbers, it’s game on.

Updated on: 16/08/2022