Capital Needed for Boat Slip

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 8% |
| Lender Rate: | 11% | Borrower: | investorxp |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-23 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
|
Hello. Thank you for taking a moment to review my loan application. I am requesting $25,000 to purchase a boat slip for my boat. I am contributing $75,000 to the sale. Since it is a usage license and not a deeded piece of property, obtaining traditional financing was difficult and I am putting more of my own money towards the purchase than I had originally intended and I hope you can help me with the remainder. I already paid off one Prosper loan in short order and am a lender here myself. I own the boat outright, don't have a car payment and my only notable monthly expense is the mortgage on my home, which I have been in for about five years. I would like to get a low, low rate on this loan, so I encourage you to bid early and bid often. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 118021 | Capital Needed for Real Estate Purchase | AA | $25,000 @ 10% | Apr 02, 2007 | Loan created |
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