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AMERICAN MORTGAGE FUND I, LLC (“FUND”) CLASS A MEMBERSHIP INTERESTS REFERENCED ON THIS WEBSITE (“SECURITIES”) ARE DESCRIBED IN DETAIL IN THAT CERTAIN PRIVATE PLACEMENT MEMORANDUM DATED NOVEMBER 16, 2017 (“MEMORANDUM”). NOTWITHSTANDING ANYTHING ON THIS WEBSITE OR IN THE MEMORANDUM TO THE CONTRARY:

THE MEMORANDUM DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SUCH SECURITIES BY ANYONE IN ANY JURISDICTION IN WHICH SUCH OFFER OF SOLICITATION IS NOT AUTHORIZED, OR IN WHICH THE PERSON MAKING SUCH OFFER OR SOLICITATION IS NOT QUALIFIED TO DO SO.

NO SECURITIES ARE OFFERED ON THIS WEBSITE.

RATHER, SUCH SECURITIES ARE OFFERED ONLY PURSUANT TO THE TERMS AND CONDITIONS SET FORTH IN THE MEMORANDUM WHICH IS INCORPORATED HEREIN BY REFERENCE AND IS AVAILABLE FROM MORGAN GRAHAM FUND MANAGEMENT, THE “MANAGER” OF THE FUND.

THE SECURITIES MAY BE SOLD BY THE FUND ONLY TO INVESTORS WHO ARE “ACCREDITED INVESTORS” AS DEFINED IN THE MEMORANDUM AND WHOSE QUALIFICATION AS AN ACCREDITED INVESTOR HAS BEEN INDEPENDENTLY VERIFIED TO THE SATISFACTION OF THE MANAGER, AS PROVIDED IN THE MEMORANDUM.