Selling our home & moving closer to work and college
Homeownership Verified

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Listing Information
Amount: $4,000.00 Status: Loan created
Grade: B DTI: 22%
Lender Rate: 12% Borrower: technokandy
Time Left: Finished State: MT
Funded: 100% Group: KING FINANCIAL GROUP///100% CASH FLOW SOLUTIONS FOR YOU
Loan Information
Loan Status: Paid Origination Date: 2007-05-31 EricsCC ROI: 11%
Status History
May 31, 2007 Current
Apr 23, 2010 Payoff in progress
May 01, 2010 Paid
Purpose of loan:
Hello, We currently need a loan to effect repairs on the home we're selling, and to fund our move into a rental property. We would like to rent for about a year, then purchase another home in the town we'll be working and going to school in.

My financial situation: I never enter into a loan which I cannot repay. Debtors come first, then play - always. If you check my credit report, you'll find I've never been delinquent on a payment, and it will remain so. You'll find me a dependable customer.When this house sells, I'll be paying off 3/4 of our debt, making this loan even easier to make payments on.

Monthly net income: $ 2,800 (me) $1,400 (my husband) = $4,200

Monthly expenses:
$ Housing: $ 801
Insurance: $ 100
Car expenses: $ 250
Utilities: $ 400
Phone, cable, internet: $ 45
Food, entertainment: $ 400
Clothing, household expenses $ 200
Credit cards and other loans: $ 1,100
Other expenses: $ 200
Borrower's Other Listings
265905 Purchase a second car B $8,000 @ 10% Jan 16, 2008 Withdrawn

 

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