Median CLTV ratio for mortgages in the U.S. 2019-2023, by loan type
The median combined loan to value (CLTV) ratio in the United States varied greatly among different mortgage types between 2019 and 2023. The CLTV ratio represents the cumulative value of debt on a property relative to its value. A high ratio means a buyer contributes a smaller down payment as the mortgage provider hands out a relatively large loan. A lower CLTV means a smaller loan and less risk for mortgage providers but requires larger contributions from consumers. In the third quarter of 2023, HELOC loans had a CLTV of 65.65.
