Buying a decent home is a dream for many people, but this dream isn’t always easy to achieve. Buying a property of your own can become mentally and financially stressful. This is when you start looking up mortgage deals. Mortgage deals can be convenient when you can’t pay the full price of your dream house at once. That’s why you need to know how to choose the best loan-to-value (LTV) ratio.
An LTV 50% mortgage, which is a mortgage deal with a 50% loan-to-value ratio, is generally considered a decent mortgage deal. But what does a loan-to-value mortgage mean? And how is it calculated? Does it have any pitfalls? At When The Bank Says No, we can answer all these questions and even help you find the best mortgage deals and help you compare mortgage rates that are right for you.
