How loan-to-value works, with simple examples you can run on your own property.
With an asset-based lender, the answer starts with two numbers: what the property is worth, and the lender’s maximum loan-to-value (LTV).
LTV is the loan amount divided by the property’s value. If a lender’s maximum is 75%, the largest loan on a $400,000 property is $300,000. The other 25% is your equity, either your down payment on a purchase or equity you already own on a refinance.
| Property type | CCIG max LTV | On a $400,000 property |
|---|---|---|
| 1–4 unit rental | 80% | Up to $320,000 |
| Multi-family (5+ units) | 75% | Up to $300,000 |
| Mixed-use | 75% | Up to $300,000 |
| Commercial | 75% | Up to $300,000 |
CCIG loans range from $75,000 to $5,000,000.
Example: You’re buying a two-family for $450,000. At 80% LTV, the maximum loan is $360,000, and you bring the other $90,000 plus closing costs.
Example: Your mixed-use building appraises at $800,000 and you owe $300,000. At 75% LTV, the maximum loan is $600,000. After paying off the existing $300,000, about $300,000 is available, before closing costs.
Banks often cap your loan based on your income and debt-to-income ratio. CCIG doesn’t require tax returns, proof of income, or a debt service ratio, so the property sets the limit, not your paycheck.
Tell us about the property and a CCIG loan specialist will walk you through your options.
