Administrator Guide > Rules Management > Rules Management - Available Templates > Vocabulary Template Examples > Set Discount LTV Parameters For Deal Options |
This template enables institutions to define parameter values required to generate the Discount LTV deal option type.
The syntax of this template is provided below.
Set Discount LTV to <value> percent for deal options.
Template Placeholders | Display Text | Required Value in Template |
<value> | [value] |
Yes Values should be entered as a Percentage (not decimal). Example:
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Using this template, the "Discount LTV" deal option type can be generated in the Deal Options grid. Maximum Amount for this Deal Option is calculated using the below formula.
Collateral Value * (‘Discount LTV / 100)
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If the 'Discount LTV' has not been set then the Deal Option process continues to generate the 'Maximum LTV' deal option if available. |