Loan To Cost & Loan To Value Definition Winston Rowe & Associates

May 1, 2012 - PRLog -- Loan To Cost Loan To Value Definition Winston Rowe & Associates

Winston Rowe & Associates is a no upfront fee national boutique commercial real estate finance firm providing solutions for asset based commercial real estate financing. They have prepared this explanation of Loan to Value and Loan and Loan to
Cost to provide prospective clients with a better understanding.

For more information about Winston Rowe & Associates financing options, you can contact them at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Definition of 'Loan To Cost (LTC)

A ratio used in commercial real estate construction to compare the amount of the loan used to finance a project to the cost to build the project. If the project cost $1 million to complete and the borrower was asking for $800,000, the loan-to-cost (LTC) ratio would be 80%. The costs included in the $1 million cost figure would be land, construction materials, construction labor, professional fees, and permits and so on.

Definition of Loan To Value (LTV)

The ratio of the fair market value of an asset to the value of the loan that will finance the purchase, LTV tells the lender if potential losses due to nonpayment may be recouped by selling the asset.

Winston Rowe & Associates has an excellent knowledge based resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming