Term: Combined Loan to Value (CLTV)

A calculation used by lenders to measure the total amount of loans and other liens secured by a property compared to its market value to assess the risk of lending money to a prospective borrower to purchase or refinance that property.  

Formula: 

CLTV= Home Value 

— 

Total Loans​×100 

Articles relating to Combined Loan to Value:  

Alternative Loan Structures

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