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The interest rate is the percentage at which loan payments are made to Lend. Lend offers adjustable interest-only loans at SOFR + 3.5% and is subject to change in accordance with the SOFR and base rate (3.5%).
What is SOFR?
SOFR, or Secured Overnight Financing Rate, is a benchmark interest rate that represents the cost of short-term borrowing with U.S. Treasury securities as collateral, essentially an overnight rate.
This rate is significant in the financial world as it's used to determine prices for various financial instruments, including derivatives, loans, and mortgages.
Let's break down the different interest rates we feature in the app:
Please note the interest rate does not reflect performance or the return of Lend.
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All Rights Reserved © Landa Holdings, Inc Landa Holdings, Inc.At this time, there are no active offerings on the platform. Deposits and secondary trading are temporarily paused. We’ll share updates as soon as offerings reopen. website We are working diligently to resume investing and trading on the platform. Thank you for your patience.
("Landa Holdings") operates the www.landa.app website (the "Site") and the mobile-based app (the "App"). Landa Holdings serves as manager to Landa App LLC, Landa App 2 LLC and Landa App 3 LLC. Landa Holdings also serves as the manager for Landa Management LLC which manages Landa Financing LLC (“Lend”). From time to time, Landa Holdings may organize limited liability companies or series limited liability companies, such as Landa App LLC, Landa App 2 LLC and Landa App 3 LLC, and will raise funds for these entities through the App by relying on offerings exempt from registration requirements pursuant to Regulation A under the Securities Act of 1933 (“Regulation A”). Such companies shall be collectively referred to herein as “Landa App”.Neither Landa Holdings nor Landa App is a broker-dealer or an investment advisor