GLOSSARY · INVESTOR DEFINITIONS
What is LTV (Loan-to-Value)?
Loan-to-Value ratio expresses the loan amount as a percentage of the property's appraised value or purchase price.
How is LTV calculated?
LTV divides the loan amount by the property value used for the calculation. Ask which value is used and whether other liens are included in a separate combined calculation. The ratio does not establish Grand Funding’s loan terms.
Why total cost matters
Compare the complete financing cost, including the rate, points, third-party fees, term, and exit plan. Logan presents the transaction-specific terms in writing before a borrower decides whether to proceed.
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