CLTV explained

3 years ago
20

CLTV stands for Combined Loan-To-Value. This is worked out by adding the first mortgage and second mortgage and dividing that by the value.

(First mortgage + second mortgage) / Value

As an example, when you go for a loan and have to put 20% down, the bank is giving you 80% loan-to-value.

nngcapitalfund.com

#cltv #fuquanbilal #combinedloantovalue #realestateinvesting #realestate #passiveincome #passiveinvesting

Loading comments...