Home Repairs

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 14% |
| Lender Rate: | 18% | Borrower: | Joel0719 |
| Finished | State: | MA | |
| Funded: | 100% | Group: | No Bull Investors - We Invest In Good Borrowers |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-06-01 | EricsCC ROI: | 14% |
| Status History | |
|---|---|
| May 31, 2007 | Current |
|
Purpose of loan: (explain what you will be using this loan for) Home Repairs My financial situation: (explain why you are a good candidate for paying back this loan) In 2006 we put the pictured home on the market and purchased a new home. We were unable to sell the home in 2006. We now we now have a signed P&S to sell the home for 720K Both my wife and I have 20+ years experience in financial services and IT and earn in excess of 200K. I have a masters degree and my wife has a BA The High revolving credit is primarily a 250K equity line and the remainder cc. 40K was spent on improvements on our old home prior to putting in on the market. 50K was spent on a new kitchen and remodeling the bathrooms of the new home. 100K was paid to satisfy a state sales tax lien from our business that closed in 1999 and 50K was sepnt to build and furnish a 4 season room in 2004. We have also been paying both mortgages since May 2006. We have not had a late payment on any debt since our business closed in 1999. Monthly net income: $ 18000.00 Monthly expenses: $ Housing: $ 3000 Insurance: $ 250 Car expenses: $ 725 Utilities: $ 275 Phone, cable, internet: $ 250 Food, entertainment: $ 500 Clothing, household expenses $ 400 Credit cards and other loans: $ 2000 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 131977 | Home Repairs prior to Sale | C | $20,000 @ 18% | May 02, 2007 | Expired |
| 135497 | Home Repairs Prior to Closing | C | $15,000 @ 18% | May 10, 2007 | Withdrawn |
| 137028 | Home Repairs | C | $10,000 @ 18% | May 14, 2007 | Withdrawn |
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