i am working a loan and i am new
2006-08-28 04:41:50 · 5 answers · asked by msafa 1 in Business & Finance ➔ Renting & Real Estate
CLTV = combined loan to value of all prior liens (i.e. the 1st and 2nd mortgage divided by the market value of the property)
2006-08-28 06:39:10 · answer #1 · answered by boston857 5 · 0⤊ 0⤋
Its easy with giving you any mumbo yumbo. Its the total ammount of money financed. example lest say you where buying a home for 100%financing this would be 100%cltv. Now if one loan was 80% that would be 80%ltv . Then the other loan was 20% that would be 20ltv. Wich would equal 100%cltv.GET IT If you dont or you want me to answer any other questions contact me at banconeroman2@yahoo.com
2006-08-28 07:11:11 · answer #2 · answered by business creature 2 · 0⤊ 0⤋
Try Google.
2006-08-28 04:54:42 · answer #3 · answered by ag_iitkgp 7 · 0⤊ 0⤋
combined loan to value ratio
2006-08-28 04:49:24 · answer #4 · answered by jboatright57 5 · 0⤊ 0⤋
ask your bank they will help you
2006-08-28 04:45:04 · answer #5 · answered by Mr. Takafushi 5 · 0⤊ 0⤋