What is LTC?
Loan-to-Cost: a construction/value-add metric measuring the loan amount as a percentage of total project cost, often capped around 60% to 75% to ensure meaningful developer equity.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.