Groundfloor - Real Estate Loan Pioneers

1. Loan Process By Nashville Hard Money Lenders The Asset Management team at Nashville closely monitors each loan and communicates with borrowers about project progress. Nashville hard money lenders work closely with borrowers to devise a viable solution, such as a repayment plan, extension, or refinance, when this occurs. Underwriting The first step in risk management is identifying it correctly. When a borrower approaches Groundfloor for funding, their team must decide whether the loan should be underwritten or not. Underwriting is the assessment of risk in relation to specific criteria. Monitoring Recovery Groundfloor works with borrowers to ensure they have the tools and resources they need to succeed. Nashville's hard money lenders use proactive asset management practices to keep projects on track and in compliance with loan requirements. In some cases, rigorous underwriting and proactive asset management are insufficient. Recovery is where the true art of asset management comes into play. Contact: Phone no.: 404-850-9225 Email: support@groundfloor.us Address: 600 Peachtree St NE, Ste. 810 Atlanta, GA 30308