Main Contact: Drew C. LaBarbera, RMLO
NMLS: 260569
2104 Green Hill Drive
McKinney, TX 75070
Phone: 903-814-2344 Fax: 214-237-4070
Español: 214-683-5023 Email: drew@planwealth.net

Main Contact: Drew C. LaBarbera, RMLO
NMLS: 260569
2104 Green Hill Drive
McKinney, TX 75070
Phone: 903-814-2344 Fax: 214-237-4070
Español: 214-683-5023 Email: drew@planwealth.net


Friday, July 10, 2020
|

Commercial LTV Ratio

The loan-to-value ratio (LTV) is calculated by dividing the total amount of all mortgages, proposed and/or existing, on the property by the fair market value of the property, usually as established by an appraisal. Typically in real estate lending the practice is to use the lesser of the purchase price or the appraised value to determine the LTV. The commercial lender may use additional factors in determining the “fair market value” of the property based on its own experience and knowledge of the marketplace. Be sure to discuss this matter with the commercial lender of your choice.

Drew LaBarbera, RMLO DBA Planwealth Financial Services
NMLS: 260569 | Company NMLS: 353562

Drew LaBarbera, RMLO DBA Planwealth Financial Services
NMLS: 260569 | Company NMLS: 353562