Mother-in-law
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Withdrawn |
| Grade: | C | DTI: | 26% |
| Lender Rate: | 21% | Borrower: | hanniss |
| Finished | State: | CA | |
| Funded: | 34% | Group: | UtopiaLoans.com - Now Over $1 Million in Closed Loans!! |
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Hello, My wife and I have purchased a home in May 03. It has a garage that we have been in the process of converting into a mother-in-law apartment for quite a while. We are almost done, but we need about $6000 to complete the job (we are aplying for $8000 as to have a cushion). Once completed, we can generate at least $700 in rent, which we plan on using to put towards the loan. Neither my wife nor myself have no derrogatory information on our credit reports. We never had a late payment. Also, we are willing to put up one of our vehicles as collateral. It is a one-of-a-kind car. It is a 79 Cadillac Station wagon. According to my information, only seven of them had been built that year. We purchased the vehicle in February of 2003 for $14,500. It was owned by an antique dealer and was always garaged and never driven in rain/snow. The leather seats were covered, so there are no cracks in the leather. It has 45,800 original miles (not 145,800). The VIN is 6B69599171082. We don't owe anything on the car. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 23139 | Mother-in-law unit | C | $5,000 @ 14% | Jul 05, 2006 | Loan created |
| 115611 | Real Estate/Prosper | A | $10,000 @ 11% | Mar 25, 2007 | Loan created |
| 283775 | Real Estate/Prosper | B | $20,000 @ 19% | Feb 24, 2008 | Loan created |
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