New Bathroom, deck and staircase; permit 2nd house
| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 11% |
| Lender Rate: | 30% | Borrower: | the-finance-voyager |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-09 | EricsCC ROI: | 29% |
| Status History | |
|---|---|
| Oct 08, 2008 | Current |
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Purpose of loan: This loan will be used to… Upgrade to present code, remodel bathroom, build 18'x12' deck, add bedroom and rebuild staircase to second floor to meet present building codes for a garage conversion (prior to purchase of property) that I want to get permitted to raise the value of the property. My financial situation: I am a good candidate for this loan because…I am an honest law abiding hard working person . I have the material to build a small cottage for my wife and myself so we can rent out both the house and garage conversion that will add another rental to my income so that I can refinance the variable rate loan to a fixed rate. The property is 4.3 Acres. The added income will help pay the mortgage and pay my bills including the new loan. Monthly net income: $5,995.51 + 1356.00 + 1400.00 Monthly expenses: $ Housing: $4013.84 Insurance: $68.00 Car expenses: $918.00 Utilities: $272.06 Phone, cable, internet: $142.34 Food, entertainment: $606.67 Clothing, household expenses $86.67 Credit cards and other loans: $623.05 Other expenses: $ 133.00 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 387705 | New Bathroom, deck and staircase; permit 2nd house | D | $7,500 @ 20% | Aug 24, 2008 | Expired |
| 400631 | New Bathroom, deck and staircase; permit 2nd house | D | $7,500 @ 35% | Sep 18, 2008 | Expired |
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