Φ RCP · Lux et Ordo
Φ Φ Φ

4362 Wieuca Road NE

Conditional Loan Term Sheet · Atlanta, GA 30342 · 06/16/2026

$1,820,000. 18 months. One asset. Clean signal.

Standalone construction loan on a luxury residential site in Buckhead.
$1,675,000 construction budget. Fully financed.

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I

Executive Summary

A single-lot luxury construction loan on a Buckhead address with a direct comp on the same street at $3,000,000.

Loan Amount
$1,820,000
Standalone construction facility
Interest Rate
12.99%
360-day year · fully drawn basis
Loan Term
18 Months
+ 3-month extension option
Desk 01

The Asset

4362 Wieuca Road NE, Atlanta, GA 30342

  • Single luxury residential lot — Buckhead submarket
  • Direct comparable closed at $3,000,000 on same street
  • $1,675,000 vertical construction budget — 100% financed
  • Land equity draw / prior soft cost reimbursement at closing: $105,000
  • Borrower: Zach Thompson
Signal

Clean collateral. Established submarket. Proven price point.

Desk 02

The Request

Capital Structure — Single Draw Facility

  • Total loan: $1,820,000
  • Construction financed: $1,675,000
  • Cash to borrower at closing: $105,000
  • Monthly payment (fully drawn): $19,701.50
  • Yield maintenance: 4 months minimum interest
  • Exit fee: 0%
Signal

Full construction budget covered. Borrower carries no construction gap.

II

Loan Structure

Eighteen months. Full recourse. Clean exit at completion.

Desk 03

Term & Extension

Duration and Optionality

  • Initial term: 18 months from funding date
  • Extension: 3 months available at 1% per month
  • Extension requires loan in good standing and completion of mutually agreed milestones
  • Loan is not assumable
Signal

Structured for a clean 18-month vertical build and close.

Desk 04

Recourse & Security

Lender Protection Stack

  • Full recourse to Borrower and Guarantor — all principal, interest, and indebtedness
  • Title-insured first lien Deed of Trust / Mortgage
  • Assignment of all property and fixtures
  • 100% pledge of membership interest in Borrower entity
  • Collateral assignment of all leases, rents, contracts, licenses, and management agreements
Signal

First position. Full personal recourse. Clean lien stack.

Desk 05

Interest & Prepayment

Carry Mechanics

  • Interest rate: 12.99% per annum
  • Calculated on a 360-day year basis
  • Interest accrues on full loan proceeds from day of funding
  • Loan may be prepaid at any time
  • Minimum interest earned by Lender: 4 months
Signal

Flexible prepay. Four-month floor protects lender carry.

Desk 06

Valuation & Draw

Appraisal + Fund Control

  • USPAP & FIRREA compliant appraisal required — approved vendor
  • Fund control required by Lender — cost borne by Borrower
  • Proposed draw schedule required inclusive of materials description and bids
  • Plot plan, permits, and blueprints required prior to first draw
  • GC name, contract, license, and resume required
Signal

Institutional draw process. Lender controls disbursement cadence.

III

Fees & Closing Costs

All-in origination of 2.25%. No exit fee.

Origination Fee
2.25%
$40,950 total on $1,820,000
Commitment Fee
$1,500
Up-front · credited at settlement
Underwriting Fee
$1,995
Due at closing
Exit Fee
0%
No exit fee at payoff
Processing Fee
$995
Due at closing
Feasibility Study
$400
Internal · due at closing
Contractor Review
$200
Third-party GC review

Borrower is liable for all customary underwriting and closing costs — including but not limited to title insurance, legal fees, filing fees, and all expenses associated with the loan, whether or not the loan is ultimately consummated. Loan documents prepared by external counsel.

IV

Conditions & Requirements

Exhibit A — full diligence checklist. File must be complete before capital moves.

A-01

USPAP & FIRREA compliant appraisal — ordered through approved vendor

A-02

Tri-merged credit report — minimum FICO score of 700

A-03

Satisfactory title report

A-04

Government-issued identification — Driver's License and Social Security Card

A-05

Entity documents if entity is designated as borrower

A-06

Bank statements — 2 most recent months

A-07

Satisfactory insurance policy meeting all program guidelines

A-08

Verifiable track record — minimum 6 projects of similar scope completed within the past 36 months. Settlement statements required.

A-09

Written exit strategy — acceptable explanation of how borrower will exit before loan maturity

A-10

Completed FCI ACH form

A-11

Certificate of Occupancy — required as new construction upon completion

A-12

Letter of explanation for use of cash at closing

A-13

Letter of explanation for any derogatory credit in the past 24 months

A-14

AML — Certification of Beneficial Owners of Legal Entity (if entity borrower)

A-15

Detailed construction budget with proposed draw schedule, materials description, and bids if available

A-16

Plot plan and permits — if available at time of submission

A-17

Blueprints and architectural plans

A-18

General Contractor information — name, contract, license, and resume

A-19

Zoning classification and architectural requirements

A-20

Utility services availability verification

Notice 01

Exclusivity

Right of First Engagement

  • Lender holds exclusive right to the loan for twenty (20) business days following executed term sheet
Signal

Execute to lock the window. Capital does not hold open positions.

Notice 02

Expiration

Term Sheet Validity

  • This Conditional Term Sheet expires 5 days from June 16, 2026
  • Expiration: June 21, 2026
  • Terms subject to change if economics of the transaction materially change
Signal

Five days. Signed acceptance required to proceed.

Φ

The Signal

One asset. Clean file.
Capital ready to move.

Lux et Ordo — Light and Order in every transaction.

Strip the friction. Stack the truth. Move the capital.
Φ Φ Φ

This term sheet is conditional and does not constitute a commitment to lend.
Subject to formal credit approval, satisfactory due diligence, and documentation review.
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