p2p lending at lending club
The American Dream

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: E DTI: 7%
Lender Rate: 20% Borrower: mmbri
Time Left: Finished State: TX
Funded: 100% Group: Doc's Credit Community Join Now!
Loan Information
Loan Status: Current Origination Date: 2006-06-27 EricsCC ROI: 13%
Status History
Jul 12, 2006 Current
Hello all.  I am requesting $3000 to apply as the closing costs for buying my first home.  I live in southeast Texas and I am trying to buy a wood frame house 2/1 with CA/H for $25,000.  I have paid off my creditors, which reflected a bad credit rating.  The changes to my credit report are pending.  My lender required I do this in order to qualify for the loan.  By clearing these negative reports, my credit report should be blemish free in the very near future.  I have contacted all three reporting agencies to have these issues removed. 
I will to repay the loan in August 2006 when I receive a trust disbursement. 
I need your assistance now, as this is house I am buying is part of an estate and the heirs are most eager to have the deal settled.  I have been trying to buy this house since November.  It was not until I went to a reputable lender that I found I could buy the house, in my name, with a few repairs to my credit.  
Buying this house will not only provide me with a homestead of my own, it will also help me further repair my credit and allow me some financial freedom.
Thank you for your consideration in this matter.  My prosperity is your prosperity. 
Borrower's Other Listings
12646 Home Down Payment HR $2,000 @ 20% May 10, 2006 Withdrawn

 

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