Selling My Rental Property and Payoff Existing Loan

| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 89% |
| Lender Rate: | 22% | Borrower: | Shortyt43 |
| Finished | State: | NC | |
| Funded: | 100% | Group: | CREDIT BUILDER |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-01 | EricsCC ROI: | 19% |
| Status History | |
|---|---|
| Mar 29, 2008 | Current |
|
Purpose of loan: This loan will be used to get my rental property ready to sell and payoff my existing loan with Prosper. My financial situation: I am a good candidate for this loan because I now have a Prosper Loan and have not been late or missed a payment. I am preparing to sell my property to my existing tenants. Need to make some repairs to the property before it can sell. I will like to explain my D rating. My husband has me as an authorized user on his high interest credti cards which is bringing down my rating. I DO Not pay for any monthly payments on the cards. I have now been on my job for 7 years as a Paralegal. I always make sure that I pay my bills on time. Monthly net income: $ 5300.00 ($48,000.00 yearly-Job and $1300.00 a month rent) Monthly expenses: $ Housing: $735.00 (House payment for rental) Insurance: $230.00 (Car and Landlord Insurance) Car expenses: $ 577.00 Utilities: $65.00 Phone, cable, internet: $ 170.00 monthly Food, entertainment: $ 100.00 monthly Clothing, household expenses $ 100.00 monthly Credit cards and other loans: $ 1500.00 monthly Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 176056 | STOP Foreclosure and Upgrade Rental Property | D | $15,000 @ 29% | Jul 25, 2007 | Withdrawn |
| 178976 | PLEASE HELP TO STOP Foreclosure and Upgrade Rental Property | D | $7,000 @ 26% | Jul 30, 2007 | Withdrawn |
| 180499 | PLEASE HELP TO STOP Foreclosure and Upgrade Rental Property | D | $6,000 @ 26% | Aug 02, 2007 | Expired |
| 182084 | PLEASE HELP TO STOP Foreclosure and Upgrade Rental Property | D | $6,000 @ 26% | Aug 05, 2007 | Withdrawn |
| 182598 | ****RELIST**** PLEASE HELP TO STOP FORECLOSURE | D | $5,000 @ 24% | Aug 06, 2007 | Withdrawn |
| 184343 | DTI IS INCORRECT**RELIST**** PLEASE HELP TO STOP FORECLOSURE | D | $6,000 @ 26% | Aug 09, 2007 | Withdrawn |
| 185545 | DTI IS INCORRECT**RELIST**** PLEASE READ | D | $4,200 @ 25% | Aug 11, 2007 | Expired |
| 188298 | UPDATE**DTI IS INCORRECT**RELIST**** PLEASE HELP | D | $3,500 @ 25% | Aug 16, 2007 | Withdrawn |
| 190059 | **DTI IS INCORRECT***SAVE MY RENTAL PROPERTY | D | $3,200 @ 24% | Aug 20, 2007 | Withdrawn |
| 193224 | **DTI IS INCORRECT***SAVE MY RENTAL PROPERTY | D | $3,200 @ 25% | Aug 27, 2007 | Withdrawn |
| 193256 | **DTI IS INCORRECT***SAVE MY RENTAL PROPERTY | D | $3,200 @ 21% | Aug 27, 2007 | Withdrawn |
| 195090 | **DTI IS INCORRECT***SAVE MY RENTAL PROPERTY | D | $2,100 @ 21% | Aug 30, 2007 | Withdrawn |
| 195681 | ***PLEASE READ***RELIST***PLEASE HELP** | D | $2,200 @ 21% | Aug 31, 2007 | Loan created |
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