C

LOAN SUMMARY | 2650 MORRIS STREET 2650 Morris St NW, Atlanta, GA 30318

16759a3596fae526603b54a8505812ba4c251e2c

BORROWER


Rate
Projected Term
Loan to Value Range
Loan Amount
Investors
13%
6 months
41.7%
$25,000
1
Purpose
Loan Position
Total Loan Amount
Loan Status
Renovation
First Lien
$25,000
Repaid on 02/12/2016
Started on
Funded on
Repaid on
Matured on
07/14/2015
08/07/2015
02/12/2016
02/07/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$60,000
Total Project Costs
$8,000
$52,000
GROUNDFLOOR
$25,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$8,000
Purchase Date
09/13/2014
Loan To ARV
41.7%
Loan To Total Project Cost
312.5%

GRADE FACTORS

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
5
10
Quality of Valuation Report
2
4
Skin-in-the-Game
0
10
Location
2
8
Borrower Experience
5
5
Borrower Commitment
2
1

VALUATION REPORTS

As Complete (ARV)
$60,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

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.