Finish Inside on New Construction
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Expired |
| Grade: | C | DTI: | 31% |
| Lender Rate: | 35% | Borrower: | Debdebwildwoman |
| Finished | State: | WA | |
| Funded: | 43% | Group: | (No Group) |
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Purpose of loan: This loan will be used to? Finish the construction on our new home. We are building a new home and have a mobile home we are currently living in. The mobile home has been sold to repay this loan once we have the new construction completed. The mortgage on the new home is $500,000 and we have an appraisal for over $1,000,000. My financial situation: I am a good candidate for this loan because? My husband is also employed as a pilot and has an income of $60,000 plus $30,000 in travel expenses for a combined income of $162,176.00. Our credit was destroyed after the huge layoff following 9/11, but we have worked hard to bring it back and have had an excellent record for the past three years. In addition, the credit score is low due to using our credit cards during the construction process. Both of us work in fields that make us highly valuable and employable. Monthly net income: $ 12,000 Monthly expenses: $ 8,2000 Housing: $ 3600.00 Insurance: $ 300 Car expenses: $1600 Utilities: $ 200 Phone, cable, internet: $ 200 Food, entertainment: $ 1500 Clothing, household expenses $ 250 Credit cards and other loans: $ 300 Other expenses: $ 250 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 365700 | Finish Inside on New Construction | C | $15,000 @ 35% | Jul 11, 2008 | Expired |
| 379378 | Finish Inside on New Construction | C | $7,500 @ 20% | Aug 11, 2008 | Loan created |
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