EX1A-6 MAT CTRCT 5 ea156795ex6-4_herecollect.htm NON-BINDING FINANCING OFFER FROM CERTAIN LENDING, INC TO HCO 1 LLC

Exhibit 6.4

 

 

 

Address: 335 Maple Ridge Drive, Big Bear, CA 92314
Borrower: HCO 1, LLC
Guarantor: Eugene Davidzon
Offer stage: Released

 

Loan

 

Loan Amount:  $481,200.00 
Interest Rate:   6.000%
Loan Term:   2 years 
Origination Points:   1.000%
Initial Financing:  $481,200.00 
First Monthly Payment Amount:  $2,406.00 
Total Loan Fees:  $5,807.00 

 

Rate

 

Amortization Type: Interest-Only
Interest Type: Fixed
Interest On Undrawn Funds: No
Prepayment Penalty: None

 

Fees

 

Origination Fee:  $   4,812.00 
Lender Fee:  $995.00 

 

Collateral

 

Max Loan To As Is Value: 60%
Max Loan To Purchase Price: 60%
Property Valuation: Appraisal

 

Borrower

 

Personal Guarantee: No

 

Additional Requirements:

 

We require that monthly payments be made by ACH (Automated Clearing House). You will be asked to complete an ACH form as part of the underwriting of your loan. ACH Requirement

 

This offer represents a non-binding commitment to lend based on initial due diligence and is subject to change until a final offer is presented by the lender.

 

Standard Disclaimer