I am running into a situation where the loan is approved with a certain loan amount and property value which is what the CLTV is calculated with; however, the loan amount will sometimes change (higher or lower) or the property value will come in different (higher or lower) but the approval is not updated to reflect these changes. So in the LAR, we report the final loan amount and final property value, but the CLTV reported in the LAR is still based on the outdated information. Do we report the incorrect CLTV since that was used in making the credit decision even though it doesn't agree with the other information being reported?
For example: In my approval, the loan amount is $100,000 and a tax card property value is $200,000 so my initial CLTV is 50%; however, the borrower requested the loan amount to be increased to $125,000 and the appraisal came in at $175,000 so my new CLTV is 71%. The approval doesn't need updated because it is within allowable tolerances. Which CLTV should I report on the LAR?