GROUNDFLOOR, the first and only real estate lending marketplace open to non-accredited investors, today announced rate cuts of 10 to 50 basis points. The rate cuts, which will save borrowers an average of $500 to $2,500 per loan depending upon loan grade and size, comes as a result of the company’s first quarterly review of rates and will take effect in 45 to 90 days.

GROUNDFLOOR offers competitive fixed interest rates. After the cut, rates will start at 5.9 percent for “fix-and-flip” renovation loans not typically financed by banks. In March, GROUNDFLOOR investors backed projects at a pace of up to $2,800 per minute. Over the past ninety days, the average time to fund a loan was 281 minutes. The marketplace funded over $600,000 worth of loans in February, and in March that number more than doubled to well over $1.2 million. To date, GROUNDFLOOR borrowers have returned $1.7 million in principal to GROUNDFLOOR investors, returning a weighted average annual rate of return of 13.7 percent on a term of 7 months, with no loss of principal.

“The laws of supply and demand are alive and well in peer-to-peer lending,” said Brian Dally, co-founder and CEO of GROUNDFLOOR. “With thousands clamoring to earn the outsized yields offered by investing in our loans, it’s great to put money back in the pockets of real-estate entrepreneurs who make the opportunity possible.”

GROUNDFLOOR’s average retail investment metrics are growing at 32 percent quarter over quarter and 201 percent year over year. The company currently offers loans of six-to-twelve-month term, from $25,000 to $500,000, in most states nationwide, with special emphasis in the mid-Atlantic and southeastern United States, selected Texas metropolitan areas, and greater Chicago. The rate cuts announced today will take effect upon state and federal regulatory approval, expected in 45-90 days.

“Three years ago, we dared to envision how we could bring the highest risk adjusted yields to self-directed retail investors, while simultaneously providing the lowest possible rates to borrowers,” said Nick Bhargava, co-founder and EVP of Regulatory Affairs. “Dozens of startups claim disruption when all they are doing is using the web to hawk the same financial products, for the benefit of the same accredited investors and institutions. For us, that never was and never will be good enough. Our unique offering under Regulation A+ delivers a real challenge to the status quo. Today’s rate cut is an opening salvo.”

Borrowers interested in learning more about GROUNDFLOOR should visit


GROUNDFLOOR is the first and only real estate lending marketplace open to non-accredited investors. We open the door to short-term, high-yield returns backed by real estate. Typical loans have returned 12 percent annually on a six-to-twelve-month term.

GROUNDFLOOR was founded in 2013 by Brian Dally and Nick Bhargava and is headquartered in Atlanta, Georgia. GROUNDFLOOR’s fast-growing team is on a mission to benefit individual investors and the investments they fund by reformatting and opening private-capital markets.