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Relisting: Grandfather's Home Requires Roof Repair

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Listing Information
Amount: $5,000.00 Status: Loan created
Grade: D DTI: 12%
Lender Rate: 23% Borrower: RTHomeLoan
Time Left: Finished State: MD
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-08-20 EricsCC ROI: 21%
Status History
Aug 19, 2008 Current
Our grandfather?s home is in immediate need of roof repair and replacement of rain damaged indoor ceiling. Given that my grandfather?s only source of income is Social Security and the fact that his mortgage is only ½ paid off to this point, his local bank refused approval of a home equity loan for this repair.

I have agreed to assume all financial responsibility for these repairs and already have $2000.00 of the total cost of $7000.

My annual income is $72,000
Employment: Permanent/Career Conditional Federal Employee
TransUnion FICO = 650
Monthly Rent: $1100.00
Student Loan: $440.00/month
CC payments: $250/month

This website is our only recourse. We need these funds prior to the end of summer as we cannot schedule roof repair during a rainy fall or snowy winter season.

Given the seriousness of this request, there is absolutely ZERO chance of default (not that I have ever defaulted on any other loan in the past).

Thank You

 

Borrower's Other Listings
375628 Grandfather's home requires roof repair D $5,500 @ 31% Jul 30, 2008 Expired

 

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