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LOAN SUMMARY | 2026 Southwest Larchmont Lane, Port St. Lucie, FL 34984

BORROWER


Rate
Projected Term
Loan To ARV
Loan Amount
Investors
7.5%
12 months
57.7%
$138,470
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Refinance - Rehab
First Lien
$138,470
Repaid on 06/05/2020
Started on
Funded on
Repaid on
Matures on
03/02/2020
06/05/2020
03/04/2021

LOAN UPDATES

GROUNDFLOOR - 5/26/2020

GROUNDFLOOR has received a payoff request for June 1, 2020. Please keep in mind closing dates are subject to change.

GROUNDFLOOR - 5/26/2020

GROUNDFLOOR has received a payoff request for June 1, 2020. Please keep in mind closing dates are subject to change.

FINANCIAL OVERVIEW

After Repair Value (ARV)
$240,000
Total Project Costs
$208,470
$31,530
GROUNDFLOOR
$138,470
$70,000
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$175,000
Purchase Date
TBD
Loan To ARV
57.7%
Loan To Total Project Cost
65.9%

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
6
10
Location
4
8
Borrower Experience
5
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$240,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS

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