Loan to Value Report

Screen ID: 

Screen Title: 

Panel Number:

Report Name:

images\kb_closed_shg.gif

LLNTVR-01

Loan to Value Report

3287

LLNTVRG


Click here to magnify

 

 

Access this screen by selecting Tool #478: Loan to Value Analysis Report.

Want to increase mortgage loan balances? Use our Building the Factory series to create a marketing campaign from start to finish!

Want to inform members to remove PMI? Use our Building the Factory series to create a marketing campaign from start to finish!

 

This report shows loan-to-value ratios on your loans accounts a little differently than the LTV you are used to seeing on individual collateral records.  This report will calculate loan-to-value (LTV) figures based on current and original balance.  In addition the CLTV can be calculated one of two ways; 1) using other debt manually entered on the real estate collateral record, or 2) using all loans sharing the collateral (entire portfolio)

This report will be very handy for reviewing mortgage loans that are nearing 80% LTV and therefore requiring PMI termination, as well as to check for exceptions to credit union policy on your LTV ratios.

You can choose a specific loan category or business unit to report, and can sort by account number, LTV ratio, or loan category. There are two LTV calculations, one based on current and the other based on original loan balance.  You can specify a cut-off ratio to display on the report (such as 79.00% if you want to see loans getting close to PMI termination). You can even choose to see only loans that actually have your PMI escrow type attached to them if you wish.

Field Descriptions

Field Name

Description

Loan Details

Business unit

(Optional)  To include only accounts with a specific business unit code on the report, use the Select button to reveal a screen to select one or more loan security codes. SEE ALSO:  Filter and selection directions.  When you return to the screen, the count of the items selected with appear next to the button. Learn more about business unit configuration.  Default is ALL.

Loan category

(Optional)  To include only accounts with a specific loan category on the report, use the Select button to reveal a screen to select one or more loan security codes. SEE ALSO:  Filter and selection directions.  When you return to the screen, the count of the items selected with appear next to the button.  Default is ALL.

Loan open dates

(Optional) Select a range of dates.  Only loans opened during this date range will be included in the results.

Include written off loans

Leave this checked to include written-off loans. unchecking this will not include written-off loans in the results.

Collateral

Collateral definition type

(Required) Select from the following collateral types: real estate, stock, vehicle, medallion or other.  You may select one or multiple collateral types.  Only loans with these collateral types will be included in the results.  

  • If Real Estate is selected, the report will include "CLTV" and "Other Debt" figures, unless specific Escrow Types are selected.  In this case the final columns will include "Payee" and "Certificate #" information.

Include loans with LTV% from xxx% to xxx%

based on Original loan balance/Current loan balance

 

(Optional) Select to only view loans with an LTV percentage equal to, above or below the percentage amount entered in the equal to field. This allows you to narrow the number of loans that appear on the report.

If an LTV% range is indicated above, then select which LVT %, either LTV % based on original balance or LTV % based on current loan balance.  (Defaults to original balance.)

Then for collateral select whether this should be based on current value or pledged value (defaults to current).

Combined Loan-to-value (CLTV) calculation

Options are; 1) using other debt manually entered on the real estate collateral record, 2) using all loans sharing the collateral (entire portfolio).  The default is 1.  Option 2  considers all loans that share the same collateral.  For example, the same real estate loan could be used as collateral for more than one loan.

NOTE: If option 2 is used and there are multiple loans using the same collateral, the lowest non-zero ‘Estimated value’ from the collateral record is used in the CLTV calculation. 

Display only loans with CLTV

(Optional) Select this option to display only those loans that have a calculated CLTV on the report.  Depending on the CLTV calculation (see previous field), you will only see real estate loans that have other debt entered on the collateral record (option 1) or loans whose collateral is being shared with one or multiple loans.

Escrow

Type

(Optional)  To include only accounts with a specific Escrow Type code on the report, use the Select button to reveal a screen to select one or more loan security codes. SEE ALSO:  Filter and selection directions.  When you return to the screen, the count of the items selected with appear next to the button.  Default is ALL.

Payee Code

(Optional) To include only accounts with a specific Payee Code, use the Select button to reveal a screen to select one or more loan security codes. SEE ALSO:  Filter and selection directions.  When you return to the screen, the count of the items selected with appear next to the button.  Default is ALL.

Report Options

Sort by

Select whether to sort the report results by account base, LTV or loan category. LTV based on original balance is the default.  

  • NOTE:  To sort the report by LTV % based on current loan balance, the "Current loan balance" box must be checked under the "Include loans with LTV%" section.

Export details to file

Use “Export details to file” go to the screen where you can choose to create a file that lets you use Member Connect to communicate instantly with these members via email and online banking messages, set up a marketing outreach via mailing labels and selective statement inserts, and track the responses via a telemarketing Tracker. This file will contain account base only. Or choose to export more data to use with CU*BASE Report Builder.

Report Sample

 6/28/12  12:03:36                                     CU*BASE CREDIT UNION                             LLNTVRG          PAGE

    RUN ON   6/28/12                                    LOAN TO VALUE REPORT                                        USER

                                                    REAL ESTATE COLLATERAL TYPE

 

ESCROW TYPE NCL NPM NRD NXS  INCLUDES WRITTEN OFF LOANS

 

 

                             COL LN      OPEN    CURR LOAN        ORIG LOAN      ESTIMATED --- LTV % ---      OTHER --- CLTV % -

     ACCT TYP LAST NAME COL# CDE CAT     DATE      BALANCE          BALANCE          VALUE   ORIG   CURR       DEBT   ORIG   CUR

 

     1000 790 MEMBER     001  M  60  09/21/11    46,610.16        48,000.00     180,000.00  26.66  25.89

    30000 795 MEMBERSKI  001  M  60  01/28/09    86,067.35       105,500.00     310,000.00  34.03  27.76   53,700.00  88.57  88

    31000 790 AMEMBER    001  M  60  02/25/11    19,787.00        20,500.00      60,000.00  34.16  32.97  

    11000 795 BMEMBER    001  M  60  03/17/09    43,253.68        51,000.00     145,200.00  35.12  29.78

    30000 795 CMEMBER    001  M  60  11/10/09    40,318.13        50,000.00     142,000.00  35.21  28.39

    36000 790 DMEMBER    001  M  60  02/08/12    61,522.44        62,700.00     178,000.00  35.22  34.56

    40000 790 EMEMBER    001  M  60  03/28/12    74,792.62        75,000.00     210,000.00  35.71  35.61

 

 

 

Link to ID: https://help.cubase.org/cubase/cubase.htm#LLNTVR-01.htm