NSP FAQ
Q

What is the maximum Combination Loan to Value (CLTV) permitted for a Federal Housing Administration (FHA) loan on an NSP home?

Date Published: October 2012

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A

The CLTV limit is defined by the first mortgage lender. See the NSP Policy Alert Guidance on Operating Deficit Reserves, Overhead Expenses, and Combined Loan to Value Ratios for more details.


Tags: NSP Underwriting and Project Selection - Structuring Financial Assistance Models

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FAQ ID:

1167