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Why is the LTV (Loan-to-Value) ratio requirement different for a single family and a multi-family dwelling?

April 26, 2017different dwelling family loan-to-value LTV multi-family ratio requirement

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Why is the LTV (Loan-to-Value) ratio requirement different for a single family and a multi-family dwelling?

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A. Loan-to-value is defined as a comparison of the total financed loan amount to the property value. The LTV ratio requirement is based on the specific investor requirements of your loan and varies from loan type to loan type. Chase must comply with the LTV requirements of your specific loan type.