GROUNDFLOOR | What are you building?

LOAN SUMMARY | 69 Zion Acres Road, North East, MD 21901

House Wins, LLC

Shirley A. Hicks - principal

15.6%

6 months

50.5%

$109,990

Purchase & Renovation

First Lien

$109,990

Repaid on 03/15/2017

05/16/2016

05/05/2016

03/15/2017

11/16/2016

FINANCIAL OVERVIEW After Repair Value (ARV) $218,000 Total Project Costs $129,400 $88,600 GROUNDFLOOR $109,990 $19,410 0% Skin-in-the-Game First Lien Loan Cushion Purchase Price $63,630 Purchase Date 05/12/2016 Loan To ARV 50.5% Loan To Total Project Cost 85.0%	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 2 4 Skin-in-the-Game 2 10 Location 4 8 Borrower Experience 5 5 Borrower Commitment 1
	VALUATION REPORTS As Complete (ARV) $218,000 Certified Independent Appraisal Broker's Price Opinion Borrower Provided Appraisal Borrower Provided Comps

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

The Borrower is a new entity and does not have any assets or operating history.
A closing date has not been set yet for the purchase of this property. We will not originate a loan on this property until the closing process commences.
Although the Borrower has negotiated to purchase the property for the stated purchase price, there can be no assurances the Borrower will close on the acquisition at this price. However, the Borrower's Skin-in-the-Game will not change regardless of any changes to the closing price.
The renovation of the property may be extensive, and therefore subject to delays and other unexpected issues.
The renovation will require permitting, and permits may not be obtained on time or may be denied.
The funding of this senior loan will be subject to a clean title search, and the resolution of any title or tax issues.
Please consult the Offering Circular