how is the ltc ratio different from the ltv ratio 
the loan to cost ltc ratio compares the financing amount of a commercial real estate project to its cost the loan to value ltv ratio on the other hand compares the loan amount to the expected market value of the completed project the bottom linethe loan to cost ltc ratio compares the financing of a project as offered by a loan with the cost of building the project ltc is a metric used in commercial real estate construction the higher the ltc is the riskier the project is for lenders who usually will finance projects with an ltc of up to 80 