Home Improvement - Divorced Dad
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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: HR DTI: 13%
Lender Rate: 21% Borrower: GTfanatik
Time Left: Finished State: GA
Funded: 100% Group: Hidden Gems
Loan Information
Loan Status: Current Origination Date: 2007-03-15 EricsCC ROI: 16%
Status History
Mar 15, 2007 Current
Loan Request
I recently bought a fixer-upper at a good deal and I am requesting funds for home improvements.  I am planning to do the following home improvements:
Floors - $2,800
Siding - $1,500 
Plumbing - $500
I will be able to pay back the loan without a problem.

Monthly Income (after taxes):  $3,200.00
Mortgage: $850.00
Truck Payment: $350.00
Food: $500.00
Credit Cards: $200.00
Utilities (Monthly): $400.00
As you can see, I have $900 left over every month.  The $210/monthly payment will not be a problem.

Background
After 9 years of marriage, 3 days after our first child was born, my ex-wife decides she is unhappy, packs up and moves back home with her mom and dad to North Georgia. Then comes the divorce and due to being awarded 95% of all marital debt, yep, bankruptcy. I carried our marital debt for over a year before getting so overwhelmed and filing. Prior to this my credit score was perfect, able to buy and do almost anything. Ex and I lived in South Metro Atlanta. I decide my kid is where I need to be so I started looking immediately for housing in the area. Lucky for me I find a house on their same street as my ex-wifes family. I contacted my banker and proceeded to buy this house at a great deal, but it needed some work. If you need further information, please contact me.  Please consider me for your funding. Thanks.
Borrower's Other Listings
106693 Home Improvement - Divorced Dad HR $5,000 @ 23% Mar 05, 2007 Withdrawn
250839 Child Support - Attorney Fees - Divorced Dad HR $7,000 @ 29% Dec 14, 2007 Expired
253915 Attorney Fees - Divorced Dad HR $3,001 @ 35% Dec 20, 2007 Expired
254972 Attorney Fees - Divorced Dad HR $3,001 @ 35% Dec 23, 2007 Withdrawn
255287 Attorney Fees - Divorced Dad HR $3,001 @ 35% Dec 24, 2007 Expired
257927 Attorney Fees - Divorced Dad HR $3,001 @ 35% Dec 30, 2007 Withdrawn
259256 Attorney Fees - Divorced Dad HR $3,001 @ 29% Jan 02, 2008 Loan created

 

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