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LOAN SUMMARY | 18046 BRELAND DRIVE 18046 Breland Drive, Hudson, FL 34667

4c19c3314d29fbc8fdae71a750c3fb79acf83e57

BORROWER


Rate
Projected Term
Loan to Value Range
Loan Amount
Investors
13%
6 months
69.0%
$106,200
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Acquisition & Renovation
First Lien
$106,200
Repaid on 09/30/2016
Started on
Funded on
Repaid on
Matured on
04/25/2016
05/07/2016
09/30/2016
11/13/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$153,815
Total Project Costs
$118,000
$35,815
GROUNDFLOOR
$106,200
$11,800
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$85,000
Purchase Date
TBD
Loan To ARV
69.0%
Loan To Total Project Cost
90.0%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
4
10
Quality of Valuation Report
3
4
Skin-in-the-Game
2
10
Location
4
8
Borrower Experience
5
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$153,815
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY DESCRIPTION

The Borrower intends to use the loan proceeds to purchase the property and complete a renovation to prepare it for sale.

PROPERTY PHOTOS

THE COMPANY PLAYED NO ROLE IN THE PREPARATION OF ANY OF THE VALUATION SOURCES OR ANY OTHER MATERIALS PROVIDED BY THE BORROWER. WHILE WE BELIEVE THE DATA CONTAINED THEREIN IS HELPFUL, WE DO NOT USE IT AS THE SOLE BASIS FOR A FUNDING DECISION.