Loan-to-Value (LTV) Ratio

The leading risk measurement for mortgage loan and equity valuation in real estate

Why HouseCanary LTV

  • Outstanding AVM accuracy: As the denominator in the LTV ratio, accurate residential real estate valuation is crucial to deriving the single most important predictor of default. On average, HouseCanary’s home valuation estimates land within only 3.2% of the sale price -- that’s 42.8% more accurate compared to leading competitors.
  • Transparent data modeling: We disclose the advanced heuristics applied to cleanse and improve public record data, so you have all the facts.
  • Easy access: Get the data you need, however you need it -- integrate our API or upload a spreadsheet via Match and Append.
  • LTV
    $4.00 per request
  • LTV Details
    $5.00 per request

API Response

              
{
    "property/ltv_details": {
        "api_code": 0,
        "api_code_description": "ok",
        "result": {
            "as_of_month": "2017-01",
            "current_liens": [
                {
                    "arm_change_date": "2013-12-01",
                    "arm_index": "tbill_3y",
                    "due_date": "2038-12-01",
                    "grantee_1": "DAVIS",
                    "grantee_1_forenames": "JOHN ALLEN",
                    "grantee_2": "DAVIS",
                    "grantee_2_forenames": "JANE MELISSA",
                    "grantor_1": "BANK NAME",
                    "grantor_2": null,
                    "heloc": false,
                    "interest_rate": 5.97,
                    "is_arm": true,
                    "lender_type": "bank",
                    "lien_amount": 146000,
                    "lien_length_months": 360,
                    "lien_months_completed_as_of_date": 98,
                    "lien_type": "arm",
                    "monthly_payment": 896,
                    "notice_ids": [],
                    "outstanding_principal": 131063,
                    "principal_paid_as_of_date": 14937,
                    "record_date": "2008-11-19",
                    "stand_alone_refi": false
                }
            ],
            "fsd": 0.116995,
            "in_default": false,
            "last_default_date": null,
            "ltv_lwr": 0.411,
            "ltv_mean": 0.4591,
            "ltv_upr": 0.5199,
            "property_value_lwr": 252079,
            "property_value_mean": 285479,
            "property_value_upr": 318879,
            "total_equity_lwr": 121016,
            "total_equity_mean": 154416,
            "total_equity_upr": 187816,
            "total_lien": 131063,
            "total_monthly_payments": 896,
            "total_notice_ids": []
        }
    }
}

              
            

Easily integrate the HouseCanary Analytics API into your app using our Python client library and documentation.

Sign up for an account to generate an API key.

How to Use LTV Endpoint

  • Mortgage lenders: Pre-qualify and refinance mortgages and 2nd mortgages (HELOC) in seconds by filtering out applicants with high LTV ratios.
  • Unsecured lenders: Filter out potential borrowers at risk of default with insights on monthly home payments, home equity, ARM (adjustable rate mortgage) rate reset.
  • Mortgage investors: Determine the risk of an investment opportunity by understanding the risk of default and enriching leads with loan, equity and property information.

Returned Data Fields

Field
Description
  • LTV
  • ltv_lwr
    Estimated loan-to-value ratio based on upper bound AVM value
  • ltv_mean
    Estimated loan-to-value ratio based on mean AVM value
  • ltv_upr
    Estimated loan-to-value ratio based on lower bound AVM
  • Notice IDs
    Findings during the LTV generation process and their estimated impact on the calculation
  • LTV Details
  • as_of_month
    The month through which mortgage payments are modeled
  • current_liens
    Dataset on one or more current liens.
  • arm_change_date
    If applicable, the date when an ARM loan goes from fixed to variable rate
  • arm_index
    The index to which the ARM is tied
  • due_date
    The date the loan is due to finish
  • grantee_1
    The last name or company name of a property’s legal recipient
  • grantee_1_forenames
    First and middle names of the property’s legal recipient
  • grantee_2
    The last name or company name of a property’s legal recipient, if any
  • grantee_2_forenames
    First and middle names of the property’s 2nd legal recipient, if any
  • grantor_1
    The lending entity
  • grantor_2
    The 2nd lending entity, if any
  • heloc
    If mortgage is detected as a home equity line of credit
  • interest_rate
    The current interest rate determined to be charged on the mortgage
  • is_arm
    If mortgage is detected as an ARM
  • lender_type
    bank, credit_union, finance_company, government, individual_private_property, insurance, internet, lending_institution, mortgage_company, other_company, reo_foreclosure_company, seller, subprime_lender
  • lien_amount
    Mortgage loan amount
  • lien_length_months
    The duration of the lien
  • lien_months_completed_as_of_date
    The number of months paid off in a lien
  • lien_type
    arm, commercial, construction, conventional, farmers_home_administration, fha, land_contract, open_end, revolving_credit_line, second_to_cover_down_payment, seller_take_back, stand_alone_first, stand_alone_refi, stand_alone_second, state_veterans, usda, va
  • monthly_payment
    Monthly mortgage payment
  • notice_ids
    Findings during the LTV generation process and their estimated impact on the calculation
  • outstanding_principal
    Outstanding loan amount
  • principal_paid_as_of_date
    Paid off loan amount
  • record_date
    Recording date of the loan
  • stand_alone_refi
    If loan is detected as a standalone refinance
  • fsd
    Forecast standard deviation in an indicator of the precision of AVM
  • in_default
    If home is detected as being in default
  • last_default_date
    If there was a default notice, the date of the last notice that occurred
  • ltv_lwr
    Estimated loan-to-value ratio based on upper bound AVM value
  • ltv_mean
    Estimated loan-to-value ratio based on mean AVM value
  • ltv_upr
    Estimated loan-to-value ratio based on lower bound AVM value
  • property_value_lwr
    Estimated lower bound AVM
  • property_value_mean
    Estimated mean AVM
  • property_value_upr
    Estimated upper bound AVM
  • total_equity_lwr
    The lower bound estimate of the equity on the property
  • total_equity_mean
    The mean estimate of the equity on the property
  • total_equity_upr
    The upper bound estimate of the equity on the property
  • total_lien
    Sum of multiple outstanding lien amounts, if applicable
  • total_monthly_payments
    Sum of payments on multiple liens, if applicable
  • total_notice_ids
    The superset of the notice IDs on multiple liens, if applicable

Need More Information?

Contact us if you have questions or would like to schedule a brief demo.