E

LOAN SUMMARY | 6788 Brandon Mill, Atlanta, GA 30328

BORROWER

Glenn Gilbert
- principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
19%
6 months
8.1%
$30,000
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Refinance - Rehab
Second Lien
$30,000
Repaid on 07/25/2016
Started on
Funded on
Repaid on
Matured on
08/06/2015
08/05/2015
07/25/2016
02/05/2016

FINANCIAL OVERVIEW

After Repair Value (ARV)
$415,000
Total Project Costs
$215,000
$200,000
GROUNDFLOOR
$30,000
$220,000
0%
Skin-in-the-Game
First Lien Loan
Second Lien Loan
Cushion
Purchase Price
$215,000
Purchase Date
07/15/2015
Loan To ARV
8.1%
Loan To Total Project Cost
15.6%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
6
10
Quality of Valuation Report
3
4
Skin-in-the-Game
10
10
Location
2
8
Borrower Experience
4
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$415,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS