p2p lending at lending club
Refinance without the points
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: A DTI: 16%
Lender Rate: 12% Borrower: cletewood99
Time Left: Finished State: MO
Funded: 100% Group: WealthBuilders
Loan Information
Loan Status: Paid Origination Date: 2006-05-31 EricsCC ROI: 11%
Status History
Jul 12, 2006 Current
Nov 23, 2007 Payoff in progress
Nov 27, 2007 Paid
Im a real estate investor  and need to refinance until my apartment complex is refinanced on 7/23/07   its on a three year  balloon payment and must be refinanced then .........this operating capital will allow Me to make some small adjustments and change my loan to a 15 year instead of 20 at the refinance point ........I paid 1,075,000 for it and its now worth over 1.2 m I owe more than 50k less than when I started and have over 1/2 a million in equity ........I will gain more money in the 24 months that I a 15 year loan on the property , than I will pay in interest on this loan ..........please feel free to ask for Me to send You the tables to see the exact amount ..........I have an A credit score and would have a AA except for my real estate investments  ..........a line of credit at mbna bank which im approved for is 14.9 %  so I get a lower rate with  prosper and You get a good return on your money ......lets see if we can make it work !!!!!!!    please message me if You have any questions 
Borrower's Other Listings
9765 realestate down payment will get 10k back at close A $10,000 @ 10% Apr 29, 2006 Withdrawn

 

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