The same way we only require additional collateral for margin at 70% LTV, on the other side we can release excess collateral only when your LTV drops below 20%.
If your LTV falls below 20%, we can send excess collateral back to you with no refinancing needed. We can release enough of your collateral to restore your LTV to 25% (for loans originated at 35%) OR 30% (for loans originated at 50%) without any new loan documents. Any excess collateral will be returned to your BlockFi Account. Please note, this is not available for loans originated at 20% LTV. You can find more about this process here.
Please note, this is not available for loans originated at 20% LTV.