Fannie Mae DO - HCLTV to 100%: "HCLTV refers to the amount that a HELOC 2nd is set up for at closing, not the amount drawn.
LTV- 1st
CLTV- amount drawn on 2nd at closing
HCLTV- total availablity of credit after closing."
Friday, August 20, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment