Equity Lenders Group Hard Money Loan Guide Lines: Eligible Properties: We will consider first liens on raw land, commercial buildings and warehouses. We will not consider new construction, rehab or renovations. Coupon: Depending upon the project dynamics, sponsor suitability and deal structure rates will fall between 12% and 17% on a fixed rate, interest only basis. Term: Terms 6 months up to 24 months with a minimum 6-month interest gurantee. Underwriting: We fund up to a maximum 65% LTV. Each transaction based on Equity Lenders Group valuation of all underlying collateral. Fees: Origination Fees vary based upon loan term, and in lieu of increased coupon, may be waived. Time Frame: Equity Lenders Group typically closes and funds inside of 30 days with some transactions able to be closed within five working days. Appraisal and Phase I may be required. Loan Amounts: $25,000 to $2,500,000 Area: Texas We look forward to funding your loan. Yours very truly, John White