Listing Title



Loan Information

Loan Status: Current Origination Date: 2008-04-17 Payments Made: 8 of 36 Total Payments: $5252.51 / $20000.00

Listing Summary

 

Borrower Info

Requested Amount: $20000.00
Lender Rate: 11.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $654.77
 
Borrower: skylake
Location: FL
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile

Credit Grade: AA Homeowner: Yes Account Verified: Yes Debt To Income: 29%

Extended Credit Data

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Listing Description

Purpose of loan:
This loan will be used to acquire an additional book of insurance business. This additional book of business will provide residual income of $70,000 per year in insurance commissions.

My financial situation:
I am a good candidate for this loan because I have an AA credit rating, I've been in business for 12 years, have 3 exisiting insurance agencies and we are looking to expand our client base with the additional book of business.