Base LTV Ratio Percent

Definition:
 

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).

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