Renovating a Home with my Fiance

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 47% |
| Lender Rate: | 12% | Borrower: | joeybear |
| Finished | State: | NE | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-05-17 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| May 17, 2007 | Current |
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Purpose of loan: My name is Joe, my fiance, Jill, and I bought this house a few months ago. It needed alot of work. After spending all of our savings, and all of our spare time, we have almost finished. Unfortunately after a few break-ins, and some expensive unexpected repairs, we are out of money. I would like to finish this house in the next few weeks and move in - finally. My fiance already owned her home when I moved in, but after a cat and my books, it wasn't enough space. This house is perfect for the family we want to start. I would like to finish up this project that has brought us so close and tie the knot this summer. My financial situation: My credit score is great. once this house is finished and all code violations are repaired I will be able to obtain a home equity loan. Monthly net income: $ 2,166 Monthly expenses: $ Housing: $ 300 Insurance: $ 90 Car expenses: $ 250 Utilities: $ 100 Phone, cable, internet: $ 100 Food, entertainment: $ 100 - (We are living cheap now) Clothing, household expenses $ 50 Credit cards and other loans: $ 100 Other expenses: $ 100 |
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