• HOME
  • Mortgage Questions
  • Blog
  • Video Library
  • About Me
Thrifty Mortgage
CLTV stands for combined loan to value. This is the total loan to value of all the combines loan secured against the property. 

The lender will add all of the mortgage balances together and divide by the lower of the sales price/appraised value to determine the combined loan to value and uses this CLTV to determine eligibility for loan approval. 
Back to Mortgage Questions