👉 Alright, let's break this down like we're solving a puzzle, shall we? A 'ortgage 85 LTV' is like the secret ingredient in a recipe, but instead of flavoring it up, it's about your home and the lender's love-at-your-roots kind of interest rate. So, 85 LTV stands for Loan-to-Value ratio, which basically means the lender is taking up 85% of your house's worth as collateral for your mortgage. That's like borrowing a whole lot more than what's left on the counter, except instead of counters, you've got walls and a roof.
Here's an edgy example sentence using this term: "I'm like a houseplant to my mortgage 85 LTV – I've got the soil (my home), and the lender's just a distant relative who thinks I can outgrow my pot without paying the rent."
