Home Repairs

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 4% |
| Lender Rate: | 8% | Borrower: | ReardenSteel |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-14 | EricsCC ROI: | 6% |
| Status History | |
|---|---|
| Aug 11, 2007 | Current |
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Purpose of loan: My home is ready for some significant repairs and upgrades: roof, carpet, paint, landscaping & some light remodeling. Due to recent travels abroad with my family and the outright purchase of a vehicle and new air conditioning unit, I do not have the cash necessary to fully fund these home repairs. Why you should fund my loan: A risk-free return of 9% is hard to beat. My AA credit status and 2% Debt-to-Income ratio are strong indicators of my ability to fulfill financial obligations. I have significant real estate and other investment assets that I would liquidate before jeapordizing my credit status - I will not default. Monthly net income: $ 9155 (Take home pay) Monthly expenses: $ 7300 Housing: $ 3150 Car: $ 0 (fully owned) Student Loan: $150 Other Living Expenses: $4000 (Family of 5) |
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