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LOAN SUMMARY | 2717 EAST MADISON STREET 2717 East Madison Street, Baltimore, MD 21205

C64d1866a43e3a1abef9e37d107c611d6b1d7853

BORROWER


Rate
Projected Term
Loan to Value Range
Loan Amount
Investors
15.6%
6 months
55.0%
$44,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Acquisition & Renovation
First Lien
$44,000
Repaid on 01/18/2017
Started on
Funded on
Repaid on
Matured on
05/04/2016
05/19/2016
01/18/2017
11/19/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$80,000
Total Project Costs
$55,000
$25,000
GROUNDFLOOR
$44,000
$11,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$45,000
Purchase Date
TBD
Loan To ARV
55.0%
Loan To Total Project Cost
80.0%

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
3
4
Skin-in-the-Game
3
10
Location
4
8
Borrower Experience
1
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$80,000
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 and renovate the property. Upon completion, the Borrower intends to refinance the renovated property to repay the Groundfloor loan.

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.