Investors are projected to make a rate of 10.5% to 11% that's inclusive of an annual management fee charged quarterly (i.e. 0.25% per calendar quarter).

We collect this fee on a monthly basis from ongoing repayments of principal and interest. In addition, Groundfloor can be reimbursed for certain expenses related to resolving defaulted loans. Fees, expenses, and allowances for potential losses of principal are not included in our weighted average interest rate disclosures. Please refer to our Offering Circular for more details.