Once your funds are available, you can buy into a Platform Note and specify how much you want to invest. You’ll receive a principal interest in a Platform Note and start earning cash flows that day.

LendingHome keeps a servicing charge equal to 10% of the coupon rate. Thus, the net coupon is equal to 90% of the gross coupon rate (e.g., a 10.0% gross coupon note is expected to pay 9.0%). This fee structure is identical for both accredited individual investors and institutional partners. In addition, LendingHome collects a performance-based incentive fee from investors' monthly interest payments. These fees can fall in the range of 1.15% to 2.6%. The incentive fee is intended to offset any potential future losses on a loan. If an investment is not meeting its target, the incentive fee will not be collected.

Each Platform Note is an unsecured, limited-recourse obligation of LendingHome Funding Corporation that corresponds with an underlying mortgage loan originated on the LendingHome platform.