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What’s the maximum loan to cost for hard money lenders?

Hard money lenders look at two different measures when looking at deals. They look at LOAN TO COST, and LOAN TO VALUE. Most hard money lenders won’t exceed a loan to cost ratio of 75%. Most hard money lenders will keep their loan to value ratio around 60-65%. Hard money lenders may use the lesser of the LTC or LTV, to assess the risk of a loan.