## Examples of *Loan to Cost Ratio* in a sentence

The RPLR with effect from January 1, 2009 stands at 13.25% p.a., which was 13.75% p.a. as on December 31, 2008.The rate of interest under fixed rate loans is fixed for a period of three years from the first disbursement of the loan, and is reviewed thereafter.The applicability of lending rates on individual cases is presently based on the loan amount sanctioned and the **Loan to Cost Ratio** (LCR).

The Loan Value for each Lot and/or Home included in the Borrowing Base will not exceed the least of (a) the product of (i) the appraised value of the Lot and/or Home, or (ii) the total sales price for the Lot/or and Home under an Approved Sales Contract therefor (whichever is less) multiplied times the Loan to Value ratio, or (b) the product of the budgeted cost (“Total Cost”) of the Lot and/or Home reflected on the budget approved by Lender (“Budget”) multiplied times the **Loan to Cost Ratio**.

The Loan Amount will not exceed the least of (a) the product of (i) the appraised value of the Lot and/or Home, or (ii) the total sales price for the Lot/or and Home under an Approved Sales Contract therefor (whichever is less) multiplied times the Loan to Value ratio, or (b) the product of the budgeted cost (“Total Cost”) of the Lot and/or Home reflected on the budget approved by Lender (“Budget”) multiplied times the **Loan to Cost Ratio**.

Borrower shall at all times maintain a **Loan to Cost Ratio** that does not, at any time, exceed eighty-five percent (85%).

The Loan Parties will not permit the **Loan to Cost Ratio** with respect to all Financed Properties to exceed 85% as of any Quarterly Determination Date.