The combination of all mortgages on the property divided by the appraised value or purchase price, expressed in a percentage.

Combined Loan to Value. The percentage of the property valued borrowed through a combination of more than one loan (for example, first mortgage and home equity line of credit. Mathematically, combined loan and line of credit amounts/property value = Combined Loan to Value Ratio).

Combined Loan to Value. The principal balance of all mortgages on a property including all secondary liens divided by the value of the property.

acronym for combined loan-to-value. The ratio of all loans together, represented as a percentage, to the value of the property. For example a first mortgage of $80,000 and a second mortgage of $20,000, on a property worth $100,000; has a CLTV of 100% (All loans added together, divided by the value of the property).

Combined loan to value. The ratio of the total amount borrowed on all mortgages against a property compared to the appraised value of the property. For example, if you have an $80,000 1st mortgage and a $10,000 2nd mortgage on a home with an appraised value of $100,000, the CLTV is 90% ($80,000+$10,000 = $90,000 / $100,000 = 90%).

Combined Loan to Value. The way a lender calculates the LTV on a home equity loan; it is based on the sum of the debts on both mortgages, compared to the fair market value.

Combined loan-to-value ratio. The mortgage debt load expressed as a percentage of the fair market value of the subject property.

The CLTV is the ratio of the total mortgage liens against the subject property to the lesser of either the appraised value or the sales price.

Combined Loan To Value. The mathematical relationship between the total of all loan amounts (first mortgage plus subordinate liens) and the value of the subject property.

Combined Loan to Value. The sum of all liens on the property divided by the value (or purchase price, if applicable) of the property.

Combined Loan to Value. The relationship between the unpaid principal balances of all the mortgages on a property and the property's appraised value.

Combined Loan to Value Ratio. The total combined loan to value ratio of the first and any additional subordinate financing (second mortgage, HELOC, ect.) (example: 1st mortage is 80% and 2nd mortgage is 15%, CLTV=95%). See LTV.

Combined Loan to Value. The principal balance of all mortgages on the property (including second and third trusts) divided by the value of the property.

Combined Loan To Value. The unpaid principal balances of all the mortgages on a property (first and second usually) divided by the property's appraised value.

See 'Combined Loan-to-Value'.

Combined Loan to Value. The ratio derived by combining all liens (total of all mortgages owed) verses the appraised or sales value (whichever is lower). For example, if a property is appraised at $200,000.00 and sold for $210,000.00 and $160,000.00 is owed on the home would have a CLTV of 80% ($160,000.00 vs. $200,000.00).

COMBINED LOAN TO VALUE. The total of all liens on the subject property divided by the appraised value of the property.

Combined loan-to-value ratio. A person's overall mortgage debt load, expressed as a percentage of the home's fair market value. Someone with a $50,000 first mortgage and a $20,000 home equity loan secured against a $100,000 house would have a CLTV ratio of 70 percent.