Another listing on which I was a winning bidder was cancelled during the pre-funding verification.  While, I am trying to get money into play, I always appreciate Prosper’s due diligence in this area.

Consequently, I now have $100 available to bid on loans.  My standing orders fired as soon as the money was available and I am in a sweet non-auto-funding loan.  C credit, 39% DTI, 23% Lender Rate.  I will complete a full analysis if this listing turns to a loan.  The other $50 is still in a non-auto-funding loan. 

I will be away on a business trip next week.  I think I will get a chance to blog from my hotel, but I wont have a chance to work on the reporting section of RateLadder.com.  The loan rate analyzer works, but if more than 5 people are using at a time it wont work. If anyone knows of an unused and unwanted Crystal Enterprise 8 1 processor license that the owners wanted to sell please contact me kevin [at] rateladder [dot] com.

 

Related posts:

• Auto-funding loans… My favorite. Up until this point I thought my preference for auto funding loans was psychological.  They pop up in my bids, they close, they fund…  wam...
• Auto-funding vs Non-auto-funding AF vs NAF I have already blogged my affinity for standing orders over manual orders.    Given the choice and the current standing order options...
• Another Loan Cancelled Automatically by Prosper.com. Thank you!!! I just got an email from Prosper.com cancelling a listing on which I had been a winning bidder because some of the information is the...
• Loan to Listing Corelation — Ongoing Debate. That is exactly my point. Other people are already doing it, just not as blatant as my example. Eric looks up a lender’s loans and...
• 3 Standing Order Features Prosper Needs — Time Remaining Criteria and more I fund loans exclusively through standing orders. (At the moment very tight standing orders.) I like the options and flow of the current standing orders...

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