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GULF WAR COMBAT VET / KATRINA VICTIM NEEDS YOUR HELP
Homeownership Verified

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Listing Information
Amount: $15,000.00 Status: Withdrawn
Grade: C DTI: 29%
Lender Rate: 10% Borrower: penn3000
Time Left: Finished State: LA
Funded: 0% Group: Veteran Financial
Hello,

  My family and I were victims of Hurricane Katrina and lost everything.  I am 98% complete with renovating my new home and was able to purchase it at a steal in a Prime beautiful New Orleans location. My home is worth over $250,000 (per a lic. appraisal), which I purchased and renovated for right at $175,000. I only owe $164, 000 and plan on performing a cash out refi to pay off credit card bills, buy new furniture, replenish my bank account and fully landscape the property. The only problem is I obtained credit cards and loans to complete the home and since my cards are near their limits, my credit score has dropped.  My plans are to pay off all my revolving debt with the money so my credit score can increase, than refi, and pay this loan off if it is funded. As you can see I have no late payments on my credit report. Here are my bills. 

                            Monthly         BALANCE
Mortgage Payment           $ 1230.00     $ 164,688.00
Chase Visa                 $   75.00     $  2,400.00 *
Chase Freedom              $  110.00     $  3,417.00 *
Bank of America Visa       $   50.00     $  1,438.00 *
Household Bank MC          $   40.00     $  1,700.00 *
Car Payment (GMAC)         $  617.00     $ 37,161.00
American General (windows) $  120.00     $  3,585.00 *
Lowes                      $   30.00     $    550.00 *
House Hold Bank            $   85.00     $  1,740.00 *
Prosper                    $   68.14     $  1,529.72 *

 The credit denoted by an asterik are the ones I would like to pay off before I refinance my home which equals $573.14 per month. My take home pay is $5,500.00/monthly. If more information is needed or verification, please contact me.. Thank you for your time..
Borrower's Other Listings
74819 HELP A KATRINA AND FAMILY D $5,000 @ 18% Dec 14, 2006 Withdrawn
74955 HELP A KATRINA FAMILY D $3,000 @ 18% Dec 15, 2006 Expired
79005 GULF WAR COMBAT VET / KATRINA VICTIM NEEDS YOUR HELP D $2,000 @ 14% Dec 28, 2006 Loan created
229988 GULF WAR VET / KATRINA SURVIVOR C $15,000 @ 10% Nov 11, 2007 Expired

 

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