Down Payment Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan funded |
| Grade: | B | DTI: | 8% |
| Lender Rate: | 19% | Borrower: | credit-strawberry6 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
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Purpose of loan: Down Payment This loan will be used to...I am seeking to purchase a condo unit well below market value. Because this is an investment property, I am required 20% down payment My financial situation: Great I am a good candidate for this loan because...I already have a tenant in place. The mortgage payments would be $150 a month, 200 in assessments and taxes. I can bring in 800-1000 on a monthly basis for rent. Monthly net income: $ 5200 Monthly expenses: $ Housing: $ 640 Insurance: $ 200 Car expenses: $ 0 Utilities: $ 280 Phone, cable, internet: $ 85 Food, entertainment: $ 100 Clothing, household expenses: $ 300 Credit cards and other loans: $ 0 Other expenses: $ 120 |
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