A value that is higher than 85 % indicates too little equity in a property for the lender to benefit. (mortgagebrokerstore.com)
However, for those risk - averse borrowers or first time home buyers with little equity in their home, the potential downside could prove to be too much to handle. (mybcmortgage.ca)
If it is above that, you will, unfortunately, be turned down as it shows that you own very little equity in the property for the lender to get any profits. (mortgagebrokerstore.com)