Current Loan-to-Value Ratio definition
Current Loan-to-Value Ratio. The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.
Current Loan-to-Value Ratio means the then current Principal Balance of a Loan divided by the Original Value.
Current Loan-to-Value Ratio means the then current Principal Balance of a Loan divided by the Original Value. M&T: M&T Mortgage Corporation, a New York banking corporation, or any successor thereto.
More Definitions of Current Loan-to-Value Ratio
Current Loan-to-Value Ratio. (LTV-C) means the sum of all loans or loan tranches secured by the borrower on a property at the reporting date relative to the current value of the property;
Current Loan-to-Value Ratio. As used in Section 2.4(b), the Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value; and as used in Section 3.1, the Cut-Off Date Principal Balance of a Mortgage Loan divided by the Appraised Value.
Current Loan-to-Value Ratio. As of any date of determination with respect to a Mortgage Loan, a fraction, expressed as a percentage, the numerator of which is the Outstanding Principal Balance of such Mortgage Loan, and the denominator of which is the Value for the related Mortgaged Property.
Current Loan-to-Value Ratio is the loan-to-value ratio based upon the issue date principal balance of each Mortgage and the original appraised value of the property securing each such Mortgage. [DATE] 200_ Schedule A 200_ Schedule B Lender Loan Numbers
Current Loan-to-Value Ratio means the Book Value divided by (a) if --------------------------- no appraisal has been performed on the Mortgage Property subsequent to the appraisal made in connection with the origination of the Mortgage Loan, the lesser of (i) the original appraised value, or (ii) the price at which the Mortgaged Property was purchased by Mortgagor or (b) the most recent appraised value of the Mortgaged Property based upon any appraisal subsequent to the origination of the Mortgage Loan which is contained in the Credit File.
Current Loan-to-Value Ratio means the then current Principal Balance of a Mortgage Loan divided by the Original Value. Master Servicer: The Company, or any successor thereto appointed as provided pursuant to Section 7.02, acting to service and administer the Mortgage Loans pursuant to Section 3.01.