PROJECT SPECIFIC RISK FACTORS

• The Borrower was advanced the money it needed to purchase this property on October 15, 2019 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower is now in possession of the property. If this offering is fully subscribed, Groundfloor will continue to administer and service the loan as further described in the Offering Circular.
• Please consult the Offering Circular for further discussion of general risk factors.

• Loan is conditioned upon a clean title search and valid title insurance at the time of close.

• 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