C

LOAN SUMMARY | Lot 4 Autumnwoods Subdivision, Cary, NC 27523

BORROWER

Hayes Barton Homes, Inc
William Allen Wells - principal
Rate
Projected Term
Loan To ARV
Loan Amount
Investors
9.5%
12 months
66.9%
$174,670
0
Purpose
Loan Position
Total Loan Amount
Loan Status
Purchase & Renovation
First Lien
$174,670
Repaid
Started on
Funded on
Repaid on
Matured on
12/21/2018
Pending
12/20/2019

FINANCIAL OVERVIEW

After Repair Value (ARV)
$860,000
Total Project Costs
$677,380
$182,620
GROUNDFLOOR
$575,130
$102,250
0%
Skin-in-the-Game
First Lien Loan
Cushion
Purchase Price
$215,000
Purchase Date
TBD
Loan To ARV
66.9%
Loan To Total Project Cost
84.9%

Grade Factors

The following factors determine in part how the loan was graded:
(in descending order of importance)
Loan To ARV Score
4
10
Quality of Valuation Report
4
4
Skin-in-the-Game
2
10
Location
7
8
Borrower Experience
3
5
Borrower Commitment
1
1

VALUATION REPORTS

As Complete (ARV)
$860,000
Certified Independent Appraisal
Broker's Price Opinion
Borrower Provided Appraisal
Borrower Provided Comps

PROPERTY PHOTOS