If an independent third party valued your project at $1,000,000 and you are requesting an $800,000 loan,
Question:
If an independent third party valued your project at $1,000,000 and you are requesting an
$800,000 loan, what is the loan-to-value ratio? What are the chances of this loan being approved? What is the loan-to-value ratio if you asked for a $400,000 loan? What would be the chances of this loan being approved?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Hospitality Financial Management
ISBN: 9780471692164
1st Edition
Authors: Agnes L DeFranco, Thomas W Lattin
Question Posted: