Ignite Funding believes strongly in transparency, which is why every year we release our Loan Portfolio Performance Record. To highlight in 2016 Ignite Funding paid out $6,588,737 in income to investors at an average 10.22% annualized interest rate.
Since 2011, Ignite Funding has funded $357,522,900 in land acquisition , development and construction of real estate projects throughout the Southwest.
The information contained within the Performance Record outlines our 2016 statistics regarding the following:
- Number of Borrowers in the year
- Aggregate number of loans and amount funded
- Loan type diversification by percentage
- Average annual interest rate paid to Investors
- Aggregate loan-to-value ratio
- Average duration of loan terms