Expense Growth Rate

A guideline that suggests the expense growth rate for the proposed loan. An expense growth rate is used to calculate (or “gross up’) projected operating expenses when for the purpose of underwriting the income and expense cash flows; this number reflects the percentage by which the cost of each expense item are projected to increase over the following year.

Expense Growth Rate
Definition A guideline that suggests the expense growth rate for the proposed loan. An expense growth rate is used to calculate (or “gross up’) projected operating expenses when for the purpose of underwriting the income and expense cash flows; this number reflects the percentage by which the cost of each expense item are projected to increase over the following year.
Type of Word Noun
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