The result of dividing the difference of the original unpaid principal balance (UPB) minus the financed mortgage insurance premium by the value of the subject property.
Valid Values:
Valid format is “###.####”; for example, enter 50% as “50” or “50.0000” up to 4 decimal places.
When to Use:
Required for all loans.
How to Use:
If there is no financed mortgage insurance, "Base LTV Ratio Percent" equals "LTV Ratio Percent". See Freddie Mac Single-Family Seller/Servicer Guide Section 4701.2(a).