QuestionsCategory: Bridging LoansWhat Does LTGDV Mean?
Chris asked 4 years ago
1 Answers
matt.tomkin Staff answered 4 years ago

The abbreviation LTGDV stands for Loan To Gross Development Value. With a Development Finance Loan, the Loan To Value (LTV) may be calculated against the future value of the security. This future value is referred to as the Gross Development Value (GDV).