What is Loan-to-Value Ratio (LTV)?
Loan-to-value ratio, or LTV , can be calculated by taking the amount of a loan and dividing it by the value of the underlying asset.
What is Leverage?
Leverage is the concept of financing assets with borrowed money. It can also be defined as the amount of debt used to finance an asset, which is typically used as collateral for the purchase.
What is Loan-to-Cost Ratio (LTC)?
Loan-to-cost ratio, or LTC, is a metric comparing the amount of a project’s financing to its construction costs.