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Does Groundfloor charge me fees?

Last Updated: Nov 29, 2017 02:34PM EST
Groundfloor is an alternative to traditional finance institutions and hard money lenders for real estate investors. Our rates and fees are competitive for the private lending industry. We offer more flexibility and efficiency than a bank and better rates and terms than a hard money lender. 

Currently, Groundfloor generally charges borrowers between 2% and 4.5% of the principal amount of the loan for our services and does not take a spread on any part of the interest payments. Borrowers may roll points and fees into the principal loan amount. Closing costs are $1,600.00, which includes the application fee. Additional details can be found in the "Fees and Expenses" section of the Offering Circular.

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