What is the maximum Loan to Value (LTV) ratio?
The maximum Loan-to-Value (LTV) that LoanSum will loan is up to 70% LTV and it is based on the after-repaired-value (ARV) of the property. For example, if a property will be worth $150,000 after it has been repaired, the maximum loan LoanSum will provide is $105,000. This amount includes the purchase price, repair costs and loan fees.