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Tuesday, April 15, 2008

Fun With FHA CLTV's

FHA CLTV run.

CLTV for FHA run faster.

CLTV is higher than an FHA LTV with a second mortgage subordinated.

The CLTV outran the FHA mortgage loan.

The FHA ran faster than the subordinated second for FHA.

This is getting confusing unless you knew that the subordination agreeement for FHA made it past the FHA loan amount.

FHA lending is mortgages that consatin subordination clauses with seconds.

Me and my FHA CLTV.
Posted by Isn't Real Estate Confusing!? at 7:37 PM
Labels: Dont be fooled by fha cltv requirements

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