UW Terms
Loan amount divided by NADA/ MSRP value
What is LTV?
The amount of the vehicle+ TTL+ non cancellable products + Doc fee + Lien Fee
What is Front End?
Cancellable products like GAP/warranty/VPP/DPW
What is Back End?
Referring to final loan amount or LTV allowed with all products
What is Out to Door?
Loans done out of state
What is OOS?