Funding Expansion
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: A DTI: 14%
Lender Rate: 13% Borrower: BlackstoneCapital
Time Left: Finished State: AZ
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-08-27 EricsCC ROI: 12%
Status History
Aug 28, 2007 Current
Dec 24, 2007 Payoff in progress
Dec 29, 2007 Paid
Purpose of loan:
To fund the completion of two small but lucrative subdivision projects. I have almost completed all of the necessary construction/permiting/surveys/refinancing to own 2 buildable lots on the California coast.  I need this loan to help finance the last piece of the project.

My financial situation:

A rating w/no consumer debt. I always pay my bills and this will be no different.  Very high, verifiable income with small debt-to-income ratio.

Monthly net income: $25,000-$30,000

Monthly expenses: $
  Housing: $ 6000
  Insurance: $ 1200
  Car expenses: $ 200
  Utilities: $600
  Phone, cable, internet: $100
  Food, entertainment: $ 1200
  Clothing, household expenses $200
  Credit cards and other loans: $ 0
  Other expenses: $ 1000    
Borrower's Other Listings
266851 Funding Project A $24,500 @ 19% Jan 17, 2008 Expired
269377 Funding Project A $24,900 @ 17% Jan 22, 2008 Loan created

 

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