Maximum Combined LTV definition

Maximum Combined LTV means 75%.
Maximum Combined LTV means 70%.
Maximum Combined LTV means 65%.

Examples of Maximum Combined LTV in a sentence

  • Minimum Contribution from Borrower’s Own Funds: 1% (one percent) First Mortgage Maximum LTV (Loan to Value): 99% (ninety-nine percent) Maximum Combined LTV (Loan to Value): 105% (one hundred five percent) Second Mortgage Purpose: Closing costs plus down paymentMaximum Amount of Assistance: SHIP: 50% AMI or Lower - Up to $75,000; 51% AMI to 80% AMI - Up to $60,000; 81% AMI to 120% AMI - Up to $50,000.


More Definitions of Maximum Combined LTV

Maximum Combined LTV means N/A.
Maximum Combined LTV means the loan to value percentage set forth in Section 1.05.
Maximum Combined LTV means: (a) the lesser of 90% or the LTV at Origination, if the Supplemental Loan is made in the first 3 years of the Compliance Period, (b) the lesser of 80% or the LTV at Origination, if the Supplemental Loan is made in years 4 through 8 of the Compliance Period, and (c) the lesser of 75% or the LTV at Origination, if the Supplemental Loan is made at any other time “LTV at Origination” means ______% [Complete with the LTV at Origination stated in the Freddie Mac Commitment, rounded up to the nearest 5%]
Maximum Combined LTV means ___%
Maximum Combined LTV means 80%.
Maximum Combined LTV. [CHOOSE ONE AS REQUIRED BY THE COMMITMENT OR XXXX:] means %. [INSERT LTV REQUIRED BY COMMITMENT OR XXXX].