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LOAN SUMMARY | 2109 SETTLE CIRCLE 2109 Settle Circle, Atlanta, GA 30316

5088cd93d6f469048454927c4de36e388d82db3d

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
19%
6 months
17.6%
$35,000
91
Purpose
Loan Position
Total Loan Amount
Loan Status
Renovation
Second Lien
$35,000
Repaid on 08/22/2015
Started on
Funded on
Repaid on
Matured on
11/16/2014
02/08/2015
08/22/2015
08/18/2015

PROPERTY PHOTOS

MISCELLANEOUS

PROJECT SPECIFIC RISK FACTORS
CLOSING CONDITIONS
  • Loan is conditioned upon a clean title search subject to liens held by the primary lender and valid title insurance at the time of close.
DEVELOPER FEES
  • We generally charge borrowers an origination fee (which typically ranges between 2% and 6% of the principal loan amount) and a servicing fee (which typically ranges between 0.5% and 2%) for our services.
  • We do not take a "spread" on any part of the interest payments.
  • Borrowers may capitalize the cost of closing into the principal amount of their request. These closing costs typically range from $500 to $1500.
  • Unless otherwise limited by applicable law, we will charge a penalty of up to 2% for any extension made to the Borrower. See “Fees and Related Expenses” in the Offering Circular.
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.