Loans in Excess of Supervisory LTV

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?

1-4 family construction falls under 100% and I would put land development as commercial so 30%.

Agree with Auditjg.

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?

Yes.

Thanks for the quick reply Randy!

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