If we  compare the value of the property with the amount of mortgage the number  that we get is the loan-to-value ratio. It would be clearer if we cite  an example. Like if you get an $80,000 mortgage for purchasing a  $100,000 home then you get a loan where the loan-to-value ratio is 80%.  There are lenders in California who make it possible to have 80 LTV hard money loans. So, it is prudent to contact them when you require such a loan, they will help you in all respect.