LOAN SUMMARY | 3023 Osage St, Saint Louis, MO 63118
BORROWER
Purchase & Renovation |
Purchase & Renovation |
GROUNDFLOOR has received a payoff request good through April 20, 2022. Please keep in mind closing dates are subject to change.
The borrower has advised the following renovations are complete or in progress:
The borrower has advised the following renovations are complete or in progress:
The borrower has advised that renovations are complete.
The borrower has advised the following renovations are complete or in progress:
The borrower has advised that final inspections are scheduled.
The borrower has advised the following renovations are complete or in progress:
The borrower has advised the following renovations are complete or in progress:
The borrower has advised that renovations are ongoing.
The borrower has advised that material ordering is in progress.
The borrower has advised that materials have been ordered.
FINANCIAL OVERVIEW
After Repair Value (ARV)
$125,000
Total Project Costs
$91,000
$34,000
GROUNDFLOOR
$77,350
$13,650
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$50,000
Purchase Date
10/21/2021
Loan To ARV
61.9%
Loan To Total Project Cost
85.0%
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Grade Factors
The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
Quality of Valuation Report
Skin-in-the-Game
Location
Borrower Experience
Borrower Commitment
|
VALUATION REPORTS
As Complete (ARV)
$125,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps
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