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What is the maximum CLTV for a VA loan?

by tabolilover229 from Phoenix, Arizona. Jul 27th 2015 Reply


Phil Hills (bphilhills)
#54 ranked lender in Washington - 13 contributions

CLTV or Combined Loan To Value means that you have a first and a second mortgage. VA financing allows up to 100% loan to Value. Is this for a purchase or a refinance? Call with questions: thesimplemortgage.co 206-489-5202

Jul 27th 2015
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Ron McCulloch (ron@ronmcculloch.com)
#160 ranked lender in Arizona - 5 contributions

The VA, depending on your entitlement, will guarantee up to the conforming loan limit of $417,000.00. Therefore you can have a 100% loan up to the conforming loan limit.Please let me know if you have any other questions.Ron McCulloch505-860-4574Ron@RonMcCulloch.Com

Jul 27th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,045 contributions

THE LTV for VA is 100% so long as your loan amount is not over $417K.. if it is, then VA will still do 100% financing, however it will be difficult to find a 2nd lender willing to allow for a 100% CLTV.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jul 28th 2015
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Ed Campbell (EdCampbellVA)
#79 ranked lender in North Carolina - 22 contributions

Actually the CLTV can go over 100% if you are using a DAP or Bond program. That is the only time that I know of. DAPS and Bond programs can be used to pay for closing costs and escrows if your seller is unwilling to pay for closing costs.

Jul 31st 2015
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