Adding on a bedroom to my home

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 12% |
| Lender Rate: | 10% | Borrower: | lively-yield5 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2010-06-24 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Jun 24, 2010 | Current |
| Apr 27, 2011 | Paid |
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Purpose of loan: This loan will be used to add an additional bedroom to my home which will better serve the needs of my family while significantly increasing the homes value. A licensed contractor will be completing all of the work. I plan to pay off this loan within 4 to 6 months. I currently own a 2 bedroom 2 1/2 bathroom single family detached home in one of the most sought-after neighborhoods in Atlanta. My craftsman style home was built in 2004 and carries a single 30 year fixed mortgage at only 80% Loan To Value and significant equity. My financial situation: I am a good candidate for this loan because I have a successful track record in managing my personal finances and paying all of my bills on time. I have a very successful specialized career with a stable company which generates significant income. |
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