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.
For a more detailed overview of how GROUNDFLOOR calculates your investment return, please see our blog post on the subject.
WE MAY SOLICIT INTEREST FROM RESIDENTS OF A LIMITED NUMBER OF STATES: MA, MD, DC, VA, GA, IL, TX, WA, CA
The information on this website does not constitute an offer to sell or a solicitation of an offer to make an investment (the “Investment”) in the limited recourse obligations (or “LROs”) described herein in any state or jurisdiction in which we are not qualified to do so. No such offer or solicitation will be made prior to the delivery of definitive documentation relating to the matters described herein. All Investments carry risks. Before making an investment decision with respect to an Investment in a particular series of LROs, potential investors are advised to carefully read the investment agreement that will govern the Investment and the related subscription, solicitation of interest and offering circular documents (the “Documents”). You should consult with your own attorneys, accountants and other professional advisors prior to making an Investment.
This overview contains a preliminary summary of the purpose and principal business terms of the Investment. This summary does not purport to be complete and is qualified in its entirety by reference to the more detailed discussion contained in the actual text of the Documents.
ANY PROJECT SPECIFIC INFORMATION ON THIS WEBSITE MUST BE READ IN CONJUNCTION WITH THE OFFERING CIRCULAR IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES. A COPY OF THE OFFERING CIRCULAR MUST BE MADE AVAILABLE TO YOU IN CONNECTION WITH THIS OFFERING.
Disclaimer: Neither the SEC nor any state securities commission or regulatory authority approved, passed upon or endorsed the merits of the offering described in the Offering Circular 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”).