- Once the mutual loan-to-value (CLTV) ratio try an even more full picture of your debts than simply LTV, lenders may be so much more happy to approve a home loan that have a great CLTV that’s higher than 80% for those who have a high credit history.
Understand that different kinds of mortgage loans such as for example Federal Housing Management (FHA) loans, Department regarding Pros Issues (VA) loans and traditional money possess some other LTV standards. Read the rest of this entry »