CLTV stands for Combined Loan to Value!
What CLTV is, is taking all the mortgage debt you have and combining into the purchase price
The lender determine what type of default or risk is involved when they combine all debt to determine what loan may be available and what pricing may be available.
If you have any further questions, CLS Financial is here to help!
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📍 4450 Cerritos Ave
Los Alamitos, CA 90720
Branch NMLS #1108729
Licensed in all states except NY.
Licensed by the Dept of Business Oversight under the CRMLA.
