If lenders specify a loan-to-value ratio of 80 percent,then a buyer must make a 20% down payment on the purchase of a home.

Name: If lenders specify a loan-to-value ratio of 80 percent,then a buyer must make a 20% down payment on the purchase of a home.
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A loan-to-value ratio of 80 percent means that the lender will only finance 80 percent of the purchase price of the home, and the buyer must provide the remaining 20 percent as a down payment. Therefore, the statement is true.

If Lenders Specify a Loan-To-Value Ratio of 80 Percent,then a Buyer