High LTV Mortgage Loan

Example Definitions of "High LTV Mortgage Loan"
High LTV Mortgage Loan. Means a Mortgage Loan that is a FHA/VA/USDA and Agency eligible loan that has up-front mortgage insurance premiums added to the principal amount of such mortgage loan, and would be an Eligible Mortgage Loan except that the combined loan-to- value ratio of such Mortgage Loan (including the mortgage insurance premiums in the principal) exceeds one hundred percent (100%) of the value of the property subject to such mortgage, provided that the combined loan-to-value ratio does not exceed one... hundred and five percent (105%). View More
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