B

LOAN SUMMARY | 6818 West Bayou Drive, Hitchcock, TX 77563

BORROWER

Home Buyers Network, LLC
Keith Caffey - principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
8.5%
9 months
59.7%
$83,530
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$83,530
Repaid on 06/29/2020
Started on
Funded on
Repaid on
Matured on
03/18/2020
06/26/2020
06/29/2020
12/17/2020

FINANCIAL OVERVIEW

After Repair Value (ARV)
$140,000
Total Project Costs
$95,530
$44,470
GROUNDFLOOR
$83,530
$12,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$79,000
Purchase Date
TBD
Loan To ARV
59.7%
Loan To Total Project Cost
87.4%

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
4
4
Skin-in-the-Game
2
10
Location
4
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$140,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS