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Developer FAQ's

1. If my loan to value is more than your requirements, how can I still obtain funding?
     -Several options remain to still obtain funding:
             1. Have the seller carry back a portion of the sales price, subordinate to our position.
             2. Use additional collateral to partially secure the loan.
             3. Increase the amount of funds you are contributing to bring the LTV down.

2. Will you finance 100% of a purchase?
     -Yes, provided that the purchase price is within our maximum LTV guidelines. Please call to
      discuss whether you qualify.

3. What does CLTV mean?
     -Combined Loan to Value is the total of all Trust Deeds recorded against the property. When
      determining how much we will loan on a 2nd Trust Deed, we add the proposed 2nd TD to the
      balance of the existing 1st TD to give us the total amount owed against the property. The total
      amount owed must meet the required percentage of appraised value for us to lend.

4. What happens if I can’t pay off by the loan due date?
     -We want to ensure success for all of our clients and, providing payments have been timely, we
      will work to extend the loan.

5. Do you loan on owner-occupied property?
     -We will not finance owner-occupied property.

Investor FAQ's

1. Who is your primary responsibility?
         -While our business relationship is with the developer, our fiduciary relationship lies with the
          investor.

2. When can I expect to receive my first interest payment?
          -Your first interest payment will be included with your loan documents if the investment
           funds after the first of the month. Initial interest payments are prorated, covering the days of the
           current month for which interest is due. Subsequent interest payments will be due the first of
           the month for the prior month, as interest on your investment is paid one month in arrears.

3. What date is the payment due and when is it late?
          -Interest payments are due on the first of each month. There is a ten day grace period, similar
           to a home mortgage, before a late fee is assessed. Expect to receive your payment no later
           than the 15th of each month.

4. What happens if my loan is paid off early?
          -If your investment is repaid before the maturity date, you have a couple options. One is to
           have funds returned. The more popular option is to place the loan proceeds in another Capital
           Advantage investment opportunity. We are always tracking investment payoffs to find new
           opportunity for you, maximizing the growth of your investment portfolio.