What is the Difference Between Loan to Value and Loan to Cost?

What is the Difference Between Loan to Value and Loan to Cost?

In order to protect their financial interest in a commercial real estate transaction, lenders generally prefer to limit the amount of money that they advance. There are two reasons that they do this: first, they want to ensure that the borrower has a vested financial interest in the success of the transaction so he or […]

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