Listing Profile Bid History Loan History
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Listing Title


Loan Information
Loan Status: Current Origination Date: 2008-06-20 Payments Made: 6 of 36 Total Payments: $1941.32 / $10000.00

Listing Summary

  

Borrower Info
Requested Amount: $10000.00
Lender Rate: 10.00%
Automatic Funding: No
Percent Funded: 100%
Monthly Payment: $322.67
 
Borrower: willinvest
Location: VA
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: AA Homeowner: Yes Account Verified: Yes Debt To Income: 18%

Extended Credit Data
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Listing Description
Purpose of loan:
This loan will be used to renovate a rental property. I've been purchasing rental properties for about five years and have five rentals currently. Now that the market is in recession it's a good time for investors to purchase properties for rental.…

My financial situation:
I am a good candidate for this loan because I pay my bills on time. I am a seasoned investor that undestands this real estate investing business. I'm retired military, I receive disability and I work in a government shipyard as a nuclear electrician. My net income is $7,500, My wife's is $2,500

Housing- $1,016
Insurance-$115
Car expense-$495
Utilities-$120
Phone,cable,internet- free my wife works for the cable company
Food,entertainment-$400
Clothing,household expenses-$100
Credit cards-$400
other-HELOC-$500