OLTV definition

OLTV means the original LTV of the loan; CLTV applies if there is a silent 2nd lien behind; FICO Range ---- <=59LTV---- ----60-70 LTV---- ----70-80 LTV---- # $ # $ # $ 500 -- -- -- -- 3 597,757.32 501-550 26 4,034,228.06 31 6,839,234.62 88 13,917,417.02 551-600 39 6,177,794.88 53 11,390,641.04 106 21,179,476.80 601-650 38 5,561,314.81 49 13,506,875.19 161 39,726,468.41 >650 33 7,924,392.60 37 7,732,674.18 112 31,577,324.51 ---------------------------------------------------------------------------------------------------------------------------- Total 136 23,697,730.35 170 39,469,425.03 470 106,998,444.06 ---------------------------------------------------------------------------------------------------------------------------- ---- >=80LTV---- ---- Total---- # $ # $ 500 7 1,140,633.09 10 1,738,390.41 501-550 234 40,509,388.93 379 65,300,268.63 551-600 538 88,629,279.32 736 127,377,192.04 601-650 1,210 204,934,358.54 1,458 263,729,016.95 >650 1,385 242,008,722.31 1,567 289,243,113.60 -------------------------------------------------------------------------------------- Total 3,374 577,222,382.19 4,150 747,387,981.63 --------------------------------------------------------------------------------------
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Examples of OLTV in a sentence

  • The Original Loan-to-Value (OLTV) ratio displayed in the tables below employs the Combined Loan-to-Value (CLTV) ratio in the case of second liens.

  • Count : 71 Volume : $ 12,242,510.00 WAC : 6.5 WA OLTV : 73.6 WA CLTV : 73.6 WA State RTerm : 359 WA Calc RTerm : 0 WA Seas : 3 Pct Full/Alt Doc : 0.00 % Pct Low/No Doc : 100.00 % Lender may deliver the 74 (2-4 unit) mortgage loans identified in the attached Schedule “A” having an aggregate outstanding principal balance not to exceed $12,548,152 that were originated pursuant to the following terms and conditions (the “Mortgages”).

  • Count : 34 Volume : $ 4,738,285 WAC : 5.7 WA OLTV : 61.8 WA CLTV : 61.8 WA State RTerm : 179 WA Calc RTerm : 0 WA Seas : 2 Pct Full/Alt Doc : 0.0 % Pct Low/No Doc : 100 % Lender shall deliver the Mortgages described in the Profile Summary Schedule “A-2” unless the Mortgage doesn’t meet Lender’s Underwriting Guidelines or it pays off, becomes delinquent, falls out for similar acceptable reasons prior to the delivery date.

Related to OLTV

  • CLTV As of any date and as to any Second Lien Loan, the ratio, expressed as a percentage, of the (a) sum of (i) the outstanding principal balance of the Second Lien Loan and (ii) the outstanding principal balance as of such date of any mortgage loan or mortgage loans that are senior or equal in priority to the Second Lien Loan and which are secured by the same Mortgaged Property to (b) the Appraised Value as determined pursuant to the Underwriting Guidelines of the related Mortgaged Property as of the origination of the Second Lien Loan.

  • LTV means with respect to any Mortgage Loan, the ratio of the original outstanding principal amount of the Mortgage Loan to the lesser of (a) the Appraised Value of the Mortgaged Property at origination or (b) if the Mortgaged Property was purchased within 12 months of the origination of the Mortgage Loan, the purchase price of the Mortgaged Property.

  • DOC means a document of compliance issued to an Operator in accordance with rule 13 of the ISM Code;

  • FICO means Fair ▇▇▇▇▇ & Co., or any successor thereto.

  • Stillbirth means a stillbirth resulting from a person’s pregnancy, the pregnancy of a person’s current spouse or domestic partner, or another individual, if the person would have been a parent of a child born as a result of the pregnancy that ended in stillbirth.