The total amount you are borrowing in mortgage debts divided by the home's fair market value. Someone with a $50,000 first mortgage and a $20,000 equity line secured against a $100,000 house would have a CLTV ratio of 70%.

The ratio between the unpaid principal amount of your first mortgage, plus your home equity loan â€“ or your credit limit in the case of a line of credit â€“ and the appraised value of your home. Expressed as a percentage.

The ratio, expressed as a percentage, of your total loan amounts to the value of your property.

The ratio between the total sum of the mortgage (including any subordinate financing) and the appraised value of the property.

The total amount of all debt secured by the security as a percentage of the total estimated value of the security. So, for example, if the loan is a first position loan for $60,000, and the seller is carrying back a second position note for $20,000, behind the private-money lender, and the property is deemed to be valued at $100,000, then the LTV is 60% and the CLTV is 80%.

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.

The principal balance of all mortgages on the property (including second and third liens)divided by the value of the property.

Comparison, in the form of a ratio, of the total outstanding loans against the real property to its appraised value or sales price.

Relationship expressed as a percent, between the principal amount remaining unpaid on your first mortgage plus the open balance on a home equity loan or credit line to the updated appraised value of the borrower's property.

Combination of the total amount of existing loans against a subject property to the appraised value or sales price usually in a ration format.

The ratio of all loans, including the first mortgage and second mortgage, to the total value of the property. See also LTV. Back