Loan to Value (LTV) Threshold
Minimum LTV Percentage - Input the minimum LTV percentage that should trigger an insight on a customer. Numerical numbers of 0-100.
- Ex: An LTV of 80% means that the customer has an estimated 20% equity in their property. Insights are triggered as long as the customer's equity is below the selected threshold and the other conditions (below) are met.
Timing
Months Between Alerts - Input how long in months you want to wait to trigger alerts. Numerical number of 1-12 only.
- Ex: Inputting the number 6 gives you equity alerts every 6 months.
Months After Loan Closure - Input the amount of months you want to wait after the loan closes before sending alerts. Numerical number of 1-24 only.
- Ex: If there is a LTV of 80% and the customer has a down payment of 20% on their mortgage, we do not want the Loan Officer to receive an alert after the this loan closes.
Click Save at the bottom of the page and toggle the alert to active once complete.
