Real Estate Exam [National] 77, Loan to Value Ratio Explained
Mar 24, 2026
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam.
In this episode you will learn:
• The exact formula for calculating Loan to Value ratio and why the denominator is the lower of two values.
• How to navigate exam traps involving low appraisals and high sales prices.
• The relationship between high LTV ratios and lender risk assessments.
• When and why Private Mortgage Insurance is required for conventional loans.
• How to solve Combined Loan to Value math problems with multiple liens.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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