Credit policy and underwriting

How Shores selects, sizes and approves loans. Every loan is a short-term bridge loan secured by a first lien on real property in Latin America and South Florida.

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Eligible borrowers and properties

[TBD: borrower types and property types in scope]

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Valuation and title

[TBD: valuation standard, who performs valuations, title and lien registration process]

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Loan sizing

[TBD: sizing policy for publication]

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Concentration limits

[TBD: limits per borrower, property type and market]

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Approval

Underwriting and loan approvals stay with the credit team. [TBD: approval process and who signs off]