GROUNDFLOOR loans can either have monthly or deferred payment terms. When a borrower makes monthly interest payments on a monthly payment loan, investors will receive a monthly interest payment. Please note that GROUNDFLOOR processes monthly interest payments once a month. When a borrower repays the principal and outstanding interest on a monthly payment or deferred payment loan, investors are repaid in one lump sum.
A "Maturity Date" is displayed on the Investor Dashboard for each LRO. The Maturity Date reflects the date the loan is originated plus the full term of the loan. When a loan is repaid before the maturity date, the investor will only accrue interest through the date the loan was repaid. If a loan goes past its maturity date, it's possible that the investor could earn additional default interest for their investment due to default interest and other fees.
Once GROUNDFLOOR receives funds to satisfy the loan, GROUNDFLOOR will repay the investor's principal and interest within 7 days.
Please note that while monthly interest loans do pay monthly, there will be a lag between your initial investment and your first monthly interest payment. Typically, a monthly interest loan that fully funds in January will disburse its first monthly interest payment to investors in March.
For a more detailed overview of how GROUNDFLOOR calculates your investment return, please see our blog post on the subject.
Some statements in the offering circulars/PQAs and on this website may contain forward-looking statements and are based upon current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Although Groundfloor believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, actual results and performance could differ materially from those set forth in the forward-looking statements. You should consult with your own attorneys, accountants, and other professional advisors prior to making an investment.
The information on this website does not constitute an offer to sell or a solicitation of interest in any LROs that may be qualified in the future. No money or other consideration is being solicited with respect to any LROs that have not been duly qualified, and if sent in response, will not be accepted. No offer to buy any LROs that have not been duly qualified can be accepted and no part of the purchase price can be received until an offering circular/PQA covering such LROs has been qualified by the SEC. Any such offer to buy unqualified LROs may be withdrawn or revoked, without obligation of any kind, at any time before notice of its acceptance is given after the date of qualification. An indication of interest in our offerings involves no obligation or commitment of any kind.
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Neither the SEC nor any state securities commission or regulatory authority approved, disapproved, endorsed, or recommended the merits of the offering described in the offering circulars/PQAs or reflected on this website.
Groundfloor’s services do not constitute “crowdfunding” as described in Title III of the Jumpstart Our Business Startups Act (“JOBS Act”).