Building a Home
| Listing Information | |||
|---|---|---|---|
| Amount: | $24,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 40% |
| Lender Rate: | 17% | Borrower: | National |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-09-17 | EricsCC ROI: | -56% |
| Status History | |
|---|---|
| Sep 15, 2007 | Current |
| Jul 09, 2008 | Late |
| Jul 18, 2008 | 1 month late |
| Aug 19, 2008 | 2 months late |
| Sep 18, 2008 | 3 months late |
| Oct 18, 2008 | 4+ months late |
|
Purpose of loan: I own a small company that buys and sells manufactured homes. We bought a piece of land and we bought a home. Now we need $24,000 to put the package together ($8,000 to move and set the home, $8,000 for the foundation and $8,000 for the septic system.) We will list the home at $100,000 and it should sell in less than 30 days. My financial situation: I have no late payments on my credit report. My debt to income is a little high due to starting this business Monthly net income: $8,500 Monthly expenses: $ Housing: $ 2,100 Insurance: $ 30 Car expenses: $ 100 gas (2 cars no payments) Utilities: $ 200 Phone, cable, internet: $ 100 Food, entertainment: $ 500 Clothing, household expenses $ 400 Credit cards and other loans: $ 2,000 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 85188 | National Loan | A | $25,000 @ 7% | Jan 15, 2007 | Expired |
| 87583 | NATIONAL START-UP | A | $20,000 @ 7% | Jan 22, 2007 | Expired |
| 110365 | Manufactured Homes | C | $25,000 @ 7% | Mar 13, 2007 | Expired |
| 136049 | Manufactured Home | C | $25,000 @ 20% | May 11, 2007 | Expired |
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