relisting - real estate and consolidating
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 13% |
| Lender Rate: | 9% | Borrower: | lazzer |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-03-06 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Mar 07, 2007 | Current |
|
Hello Lenders. I am seeking a Prosper Loan to extend my current property by buying an adjacent lot. I already have a signed contract to purchase the lot for $15K. The reasons that I am using Prosper for my lending effort are: 1. I am a member and lender at Prosper.com. I have been actively investing in lending money to our members since October 2006. 2. I can finance the down payment of the lot cheaper than a bank signature loan. My current monthly bills include: $1570 - House 1 mort $ 984 - House 2 (1st & 2nd mortgages) $ 397 - car payment $ 127 - car ins $ 89 - cell phone $ 200 - gas & travel $ 200 - 2 credit cards $ 250 - food $ 150 - utils $ 200 - childcare --------------------------------------- $4167 ? Total expenditures My current net take home salary after taxes and voluntary deductions is: $1437 bi-weekly Total avg net monthly income is $3884 My annual gross pay is approx. $63,000 - base $66,000- with profit sharing The rest of my income comes from rental receipts per month in the amount of $1800 (including utils) $1800 x 12 mos = $21600 $3884 $1800 --------- $5684 - $4167 = $1597 extra per month before Prosper loan Special note: My profit sharing ($3000) is not included in the monthly income avg. $66,000 - my annual $21,600 - my rental income ------------ $87,600 - is my adjusted gross annual income. With the Prosper loan, I plan to: 1. $3000 as a down payment on lot 2. $4500 2 credit cards pay-offs My wife?s makes approximately $30K yearly. This loan will help us to fast track a critically strategic land purchase and also to pay off a couple of high interest CCs. Please feel free to contact me w/ any questions. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 49310 | A Little One on The Way! | B | $15,000 @ 11% | Oct 17, 2006 | Expired |
| 103661 | Consolidating and Investing | AA | $7,500 @ 9% | Feb 26, 2007 | Withdrawn |
| 104484 | relisting - real estate purchase and consolidation | AA | $7,500 @ 11% | Feb 28, 2007 | Withdrawn |
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