As a percentage of the total loans divided into the value of the property.
the ratio of the total mortgage liens against the subject property to the lesser of either the appraised value or the sales price.
The percentage of the property purchase price borrowed through a combination of more than one loan. ( For example, first mortage and vendor-take-back 2nd mortgage or line-of-credit). Mathematically, the combined loan amounts divided by property purchase price quals Combined Loan-To-Value Ratio.
Principal balance of all mortgages on the property, including second mortgages, divided by the value of the property.
The relationship of the outstanding balances of a first and second mortgage to the appraised value of the security used to determine the maximum lendable amount on real estate.
The ratio of the all the mortgage loan amounts on a property (usually a first and second) to the property's appraised value (or the selling price whichever is less).
The unpaid principal balances of all the mortgages on a property (first and second usually) divided by the property's appraised value.
The relationship between the unpaid principal balances of a property's mortgages and its appraised value.
The total of all loans relative to the value of the property. If a property has a value of $100,000 and three loans totaling $125,000, the CLTV is 125 percent ($125,000 / $100,000).
The amount of the loan(s) including all secured liens compared to the estimated value of the property.
The percentage of the total mortgage liens to the appraised value (or the sales price, whichever is less) of the property.
The relationship between the unpaid principal balances of all the mortgages on a property (usually first and second) and the property's appraised value (or sales price, if it is lower).
Calculated by dividing the loan amount and any additional subordinate financing into the lower of the sales price or appraised value of a property.
The LTV of the first mortgage plus the LTV of the second mortgage.
