Definitions for "Combined Loan-to-Value"
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.
Keywords:  buydown, temporary, interest, rate
Interest Rate Temporary Interest Rate Buydown