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Construction loans are used to finance the costs associated with erecting the building or buildings on a site. All of the following would be typical

Construction loans are used to finance the costs associated with erecting the building or buildings on a site. All of the following would be typical of a construction loan EXCEPT:

A. LTV ratios above 90 percent.

B. preleases with anchor tenants.

C. relatively short maturity length of one to three years may also allow for time to construct and lease-up the project.

D. personal liability.

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