What happens if the Borrower misses or delays any of the payments?

Some loans may have interest pre-funded quarterly or monthly in advance and kept in a Trust account. This means that interest payments to our investors will always be on time.

If there is a borrower delay or default, the Trustee, acting on behalf of all investors, has several ways to recover the full amount owed, including any additional costs. Also, BigFundr typically only funds up to 70% of the property’s value, leaving a 30% safety cushion to protect against drops in property value.