You asked: How is my combined loan-to-value calculated for a home equity loan or line of credit
We matched that to: How is my combined loan-to-value calculated for a home equity loan or line of credit?
Combined loan-to-value (CLTV) is a percentage calculated by dividing your total outstanding
mortgage(s)–or liens–by the market value of the property.
For example, for informational purposes only, if your:
Outstanding Balance: Mortgage = $100,000
Outstanding Balance: Second Mortgage = $50,000
Total Liens = $150,000
Market Value = $350,000
Combined Loan-to-Value: 43%
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