NMLS Exam - LTV, CLTV, and HCLTV

This is our module on LTV, CLTV, and HCLTV for the NMLS SAFE Exam.

[@madisonkellyry845]

Thomas Ruth Johnson Frank Perez Kimberly

[@simonsong7239]

if you using the lower value between purchase price and appraisal price, then the LTV will be higher, why everyone make the wrong statement?

[@MortgagesAndBeyond]

The lower value is utilized for risk aversion.

[@samuelwhesu3204]

Thank you

[@samuelwhesu3204]

Passed 😅 82%