REALESTATE INVESTMENT IN LARGER HOME

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 11% |
| Lender Rate: | 10% | Borrower: | Colessie |
| Finished | State: | MA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-05-22 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| May 22, 2007 | Current |
| Jun 15, 2007 | Payoff in progress |
| Jun 19, 2007 | Paid |
|
Purpose of loan:My wife and I just got married last August. We have four great kids but only a two bedroom home, we need a larger house for everyones sanity! We would also like to invest in a multifamily to earn extra income, it's a buyer's market and I believe it would be a wise investment(explain what you will be using this loan for) My financial situation: I am a honest hard working man and always pay my dept. I would also like to promote my credit score to an even higher rating. (explain why you are a good candidate for paying back this loan) Monthly net income: $ 5,000 Monthly expenses: $ Housing: $ 1,500 Insurance: $ 0 Car expenses: $ 0 Utilities: $ 100 Phone, cable, internet: $40 Food, entertainment: $ Clothing, household expenses $800 Credit cards and other loans: $ 300 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 213952 | REALESTATE INVESTMENT IN LARGER HOME | D | $24,500 @ 18% | Oct 10, 2007 | Expired |
| 220098 | RELIST | D | $24,500 @ 18% | Oct 23, 2007 | Expired |
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