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Current Lending Guidelines
What are your lending guidelines?
What are your lending guidelines?
Joey avatar
Written by Joey
Updated over a week ago

Groundfloor is currently closing loans in as fast as 2 weeks. Below are our current lending guidelines:

  • Rates starting at 7.5%; points rolled into closing

  • 1–4 Unit Properties in 32 states

  • New Construction projects in all states

  • Loan size:  $75,000 – $750,000 

  • Terms: 12 or 18 month loans

  • Up to 70% LTARV;  Up to 90% Loan-to-Cost, depending on experience

  • No minimum transaction experience required

  • 5 year look-back for experience

  • Minimum credit score of 640

  • Minimum property value $70,000

We will refinance a loan from another lender if the project is complete.

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