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.