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#1414017 - 07/12/10 07:36 PM Loans in Excess of Supervisory LTV
BNKO Offline
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Posts: 213
We are required to report to the BOD the number of loans in excess of the supervisory ltv limits. The regulation specifically states that the aggregate amount of all loans in excess of the supervisory ltv limits should not exceed 100 percent of total capital. Within the aggregate limit, total loans for all commercial, agricultural, mulit-family or other non 1-4 family residential properties should not exceed 30 percent of total capital.

Where would residential land development and construction of 1-4 family residential loans fall - 30% or 100% of capital?

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Audit
#1417132 - 07/19/10 10:32 PM Re: Loans in Excess of Supervisory LTV BNKO
Auditjg Offline
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Auditjg
Joined: Sep 2004
Posts: 67
1-4 family construction falls under 100% and I would put land development as commercial so 30%.

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#1417214 - 07/20/10 01:20 PM Re: Loans in Excess of Supervisory LTV Auditjg
HRH Okie Banker Offline
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Joined: Jan 2003
Posts: 3,070
Oklahoma
Agree with Auditjg.
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#1426505 - 08/10/10 03:03 PM Re: Loans in Excess of Supervisory LTV HRH Okie Banker
Common Man Offline
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Joined: Aug 2010
Posts: 22
Should high LTV bridge loans on a 1-4 family properties be included in the list of loans in excess of the Supervisory LTV limits?

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#1426510 - 08/10/10 03:06 PM Re: Loans in Excess of Supervisory LTV Common Man
rlcarey Online
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rlcarey
Joined: Jul 2001
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Galveston, TX
Yes.
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#1426517 - 08/10/10 03:10 PM Re: Loans in Excess of Supervisory LTV rlcarey
Common Man Offline
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Joined: Aug 2010
Posts: 22
Thanks for the quick reply Randy!

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#1431845 - 08/19/10 09:03 PM Re: Loans in Excess of Supervisory LTV Common Man
Josie
Unregistered

If the property involved in the land development has been zoned for 1-4 family residential it should be included in the 100% bucket.

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