What is Loan-to-Value Ratio (LTV)?

Loan-to-Value Ratio (LTV) Definition

Loan-to-value ratio (LTV) is a metric that compares the size of loan to the value of an asset. While most HUD multifamily loans are constrained by LTV, HUD 223(a)(7) loans are not. Instead, HUD 223(a)(7) loans simply must not exceed 100% of eligible refinancing costs. These include the outstanding balance of the loan, eligible repair costs, third-party reports, and other eligible expenses.


To learn more about the HUD 223a7 refinance program, fill out the form below to speak to a HUD/FHA loan expert.