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|Loan Status:||Current||Origination Date:||2012-03-30||EricsCC ROI:||5%|
|Mar 29, 2012||Current|
My loan will be used to cover unexpected expenses until the sale of my home is complete.
The lender will assume minimal risk because I have little short term debt. My home is currently on the market for $1.5M and the mortgage is $735k. I own another home in Vermont on 1 acre that has no mortgage. I have been employed with the same company, which I run, for just shy of 10 years with a salary of $150,000 and 20% of profits.