Question: Loan to value A) is the appraised value divided by the amount of the loan B) is often 85% in most long term commercial loans
Loan to value
A) is the appraised value divided by the amount of the loan
B) is often 85% in most long term commercial loans with Insurance Companies
C) is a measure of loan amount to purchase price and is a limiting factor in determining how much of a loan a lender will allow
D) is only a focus of residential loans, not commercial
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