Secure a reverse mortgage
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 21% |
| Lender Rate: | 18% | Borrower: | sanctuary803 |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-06 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Oct 03, 2008 | Current |
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Purpose of loan: This loan will be used to… secure a reverse mortgage. My financial situation: I am a good candidate for this loan because…I will be able to pay the loan off in a shorter period of time by doing a reverse mortgage. With a reverse mortgage I will no longer have a house payment and will be able to pay this loan without difficulty. I have a pension, and a grant for my grandchild as my monthly income plus child support so financially I will be secure. Monthly net income: $ 2,557.00 Monthly expenses: $ Housing: $ 00.00 Insurance: $ senior discount $500.00 a year. Car expenses: $ Car insurance $54.00 month Utilities: $ 200.00 month Phone, cable, internet: $ senior discount $60.00 month Food, entertainment: $300.00 Clothing, household expenses $ 00.00 Credit cards and other loans: $ 146.00 Other expenses: $ 00.00 |
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