Paying Off 2nd Mortgage

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 12% | Borrower: | tyymillion |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-17 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 14, 2007 | Current |
|
Purpose of loan: I will be using the loan to pay off a 2nd mortgage in order to refinance my 1st mortgage to a lower interest rate. My financial situation: My credit is excellent and I have always paid my bills on time.. When I was 20 years old I ruined my credit because I was immature and thought I knew it all. I knew nothing at the time. It has taken me a long time to build up my credit score and I intend to keep it that way..I have learned from my past mistakes.When you make a mistake you can start over and that is what I did. Monthly net income: $ 11,000 Monthly expenses: $ Housing: $ 3000 Insurance: $ 100 Car expenses: $ 125 Utilities: $ 75 Phone, cable, internet: $ 125 Food, entertainment: $ 350 Clothing, household expenses $ 150 Credit cards and other loans: $ 500 Other expenses: $ 100 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 239137 | Paying Off 2nd Mortgage | AA | $25,000 @ 16% | Nov 28, 2007 | Withdrawn |
| 239214 | Paying Off 2nd Mortgage | AA | $25,000 @ 13% | Nov 28, 2007 | Withdrawn |
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