CLTV

CLTV is short for combined loan to value. CLTV is a ratio that looks at the total value of all outstanding mortgages on a property in comparison to …

CLTV is short for combined loan to value. CLTV is a ratio that looks at the total value of all outstanding mortgages on a property in comparison to its value. You can calculate CLTV as follows:

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CLTV = Value of Loan 1 + Value of Loan 2 / Value of the Property

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