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GULF WAR COMBAT VET / KATRINA VICTIM NEEDS YOUR HELP

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Listing Information
Amount: $2,000.00 Status: Loan created
Grade: D DTI: 199%
Lender Rate: 14% Borrower: penn3000
Time Left: Finished State: LA
Funded: 100% Group: Veteran Financial
Loan Information
Loan Status: Current Origination Date: 2007-01-09 EricsCC ROI: 10%
Status History
Jan 10, 2007 Current
Hello Everyone,      

  My family and I were victims of Hurricane Katrina and lost everything.  We returned to New Orleans in September and decided to purchase a home that was flooded since ours was totally blown away and sat on a bayou close to Lake Ponchartrain. I received the loan for purchase and money to complete all the repairs needed, but did not know that the repairs had to be completed in advance to receive the draws. I had to put down close to 15k on the loan and have taped my account.  I will use the money funded on prosper to do the repairs in advance and receive the money back in the draw. This loan can be repaid very quickly 2-4 months tops since I have approximately 50k in escrow with the lender, I just need to do the repairs in advance. I hope this makes sense to you.    Also the reason my debt to income ratio is so high is because I put in my monthly income as my yearly income by mistake..  Also my credit rating should be higher but I have approximatley 11 inquiries recent due to shopping my home loan. I have no late payments on my account, not a one.  I

Here are my current Bills

Mortgage Payment           $ 1050.00
Chase Visa                      $    75.00
Bank of America Visa       $   50.00
Household Bank MC         $    40.00 
Car Payment  (GMAC)      $  617.00 
Car Insurance                   $  135.00 
Electric                            $  250.00 
Water                              $    50.00
Cell Phone                       $   75.00  
Direct TV                         $   49.00


This loan will be paid quickly, if more information is needed please do not hesitate to contact me.. Thank you for your time,

Renior [LAST NAME DELETED]
Borrower's Other Listings
74819 HELP A KATRINA AND FAMILY D $5,000 @ 18% Dec 14, 2006 Withdrawn
74955 HELP A KATRINA FAMILY D $3,000 @ 18% Dec 15, 2006 Expired
229601 GULF WAR COMBAT VET / KATRINA VICTIM NEEDS YOUR HELP C $15,000 @ 10% Nov 10, 2007 Withdrawn
229988 GULF WAR VET / KATRINA SURVIVOR C $15,000 @ 10% Nov 11, 2007 Expired

 

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