Funding Expansion

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 14% |
| Lender Rate: | 13% | Borrower: | BlackstoneCapital |
| 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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