Kitchen Remodel
Homeownership Verified

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Listing Information
Amount: $12,500.00 Status: Loan created
Grade: B DTI: 23%
Lender Rate: 14% Borrower: kycatfl1
Time Left: 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63169 debt conol/home renovation B $25,000 @ 15% Nov 17, 2006 Withdrawn

 

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