CLTV
Business & Finance abbreviation · Real Estate & Mortgage
| Stands for | Combined loan-to-value ratio |
|---|---|
| Categories | Business & Finance |
CLTV stands for Combined loan-to-value ratio, a real estate & mortgage abbreviation.
Total of all loans secured by a property, such as a first mortgage plus a home equity line, divided by the property's value. Lenders use it to set limits on second mortgages and HELOCs.
Example: With the HELOC added, our CLTV would be 85%, the lender's maximum.
Usage notes
Some lenders also calculate HCLTV, which uses the full credit limit of a HELOC rather than the amount drawn.
Related abbreviations
More real estate & mortgage abbreviations
- bsmt – Basement
- CAC – Central air conditioning
- CAM – Common area maintenance
- CC&Rs – Covenants, conditions and restrictions
- CCIM – Certified Commercial Investment Member
- CD – Closing Disclosure
- CMA – Comparative market analysis
- CO – Certificate of occupancy
- COA – Condominium owners association
- CoC – Cash-on-cash return
- COE – Certificate of Eligibility
- CPM – Certified Property Manager