Kitchen Remodel

| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 23% |
| Lender Rate: | 14% | Borrower: | kycatfl1 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-12-01 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 05, 2006 | Current |
| Oct 17, 2007 | Late |
| Oct 31, 2007 | Current |
| Nov 23, 2007 | Late |
| Nov 29, 2007 | Current |
| Feb 21, 2008 | Late |
| Mar 01, 2008 | Current |
| Jul 17, 2008 | Late |
| Jul 29, 2008 | Current |
|
We are a family of 5 in the Orlando area. We want to remodel our kitchen and add value to home. Homes values in our area are skyrocketing and we think this is a great investment. Traditional lenders don't want to fool with such a small amount of 2nd mortgages or home equity lines. We met with the kitchen design people today and their final cost was less than expected! I have a good sales job and anticipate a nice bonus in 2007. Despite losing a job in 2006 due to "downsizing" I have maitained being current on all my accounts and my credit score is on the upswing! Monthly cash flow looks like this: Mortgage- $2000.00 Home Ins- $100.00 Auto & Ins- $600.00 Elec- $250.00 H2O- $50.00 Citi (credit card)- $150.00 Total- $3150.00 Income- $6000.00 (salary) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 63169 | debt conol/home renovation | B | $25,000 @ 15% | Nov 17, 2006 | Withdrawn |
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