Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab > Original LTV

Entry: System, numeric

F/M: No

Mnemonic: LNOLTV

Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab

 

This field will be calculated by the system each time this screen is called up. It is for information purposes only and does not affect the loan in any way. The system calculates this ratio by taking the sum of the Original Balance and Secondary Balance, and dividing it by the lesser of the Appraisal Amount or the Selling Price. If the Original Balance field is blank, the LTV will not be calculated. Because this is a calculated field, it is not file maintainable, nor can you use it in Report Writer.