How does loan grading work?

Groundfloor has a grading scale and corresponding rate floors. Corresponding rate flors are the minimum amount Groundfloor will offer to borrowers for any given letter grade. The grading scale is as follows:

Grade A: 5%

Grade B: 6%

Grade C: 8%

Grade D: 9%

Grade E: 12%

Grade F: 14%

Grade G: 15%

You can find a more in-depth analysis of our proprietary grading algorithm here.