Question: How does looking at the development budget help us figure out how much of a loan the developer gets? Select ALL answers that apply. (A)

How does looking at the development budget help us figure out how much of a loan the developer gets? Select ALL answers that apply.

(A) It helps us determine the timing of spend.

(B) The existence of a budget means that the developer can be trusted to plan the development project well, allowing us to give them a higher loan-to-cost.

(D) The budget helps us decide on structure, but not loan-to-cost.

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