What is LTV CLTV and Hcltv?

What is LTV CLTV and Hcltv? Page 4. LTV, CLTV and HCLTV. – LTV = (Loan to value) = Original loan amount divided by lesser of sales price. or appraised value for purchase transactions* – CLTV = (Combined loan to value) = Original loan amount, the drawn portion. What is the difference between LTV CLTV … Continue reading What is LTV CLTV and Hcltv?