LTV stands for Loan-to-Value ratio

it measures how much you’re borrowing compared to the value of the asset.

If your asset is worth $100,000 & you take out a loan for $86,000, your LTV is 86%

if someone says your LTV is below 86%, it means:

You’re borrowing less than 86% of your assets value, and you have at least 14% equity in the asset