Addition for Park Model Vacation Home

| Listing Information | |||
|---|---|---|---|
| Amount: | $9,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 10% |
| Lender Rate: | 11% | Borrower: | utahnurse |
| Finished | State: | UT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-10 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Dec 07, 2007 | Current |
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Purpose of loan: I purchased a Park Model vacation home in St. George Utah for $100,000.00 (including land). I payed cash for the full amount. I am currently having an addition built for more room. This is approx. $30,000.00 and I am short $9000. I could use my overdraft and visa credit card along with selling some vacation to come up with the remaining cash, however I would rather not use those resources. My financial situation: I am a Registered Nurse which is a profession in high demand. I am in a solid financial situation and work approx. 10 hours overtime per week, which would allow me to pay off this loan in about 12 months. I did not list a co borrower....but I am married and also have additional income to help with expenses. Monthly net income: $ 6,200. Monthly expenses: $ Housing: $ 2500. Insurance: $ 135. Car expenses: $345. Utilities: $ 400. Phone, cable, internet: $ 130. Food, entertainment: $ 500. Clothing, household expenses $ 200. Credit cards and other loans: $ 15. Other expenses: $ |
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