If lenders specify a loan-to-value ratio of 70 percent,then a buyer must make a 70% down payment on the purchase of a home.

Name: If lenders specify a loan-to-value ratio of 70 percent,then a buyer must make a 70% down payment on the purchase of a home.
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A loan-to-value ratio of 70 percent means that the lender will provide a loan for up to 70 percent of the purchase price of the home. The buyer would need to provide a down payment equal to the remaining 30 percent.

If Lenders Specify a Loan-To-Value Ratio of 70 Percent,then a Buyer