Author Topic: Unfunded  (Read 2041 times)

WES

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Unfunded
« on: April 11, 2014, 01:15:19 PM »
Does anyone know how many loans are not receiving 100% funding these days?

GS

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Re: Unfunded
« Reply #1 on: April 11, 2014, 03:59:08 PM »
Good question.  I've heard there hasn't been an unfunded loan in years, but with the recent climb in number of loans, I'm wondering if some are getting passed up.  This morning I noticed one with only 4 days left and 60% funded. 

I think LC will jump in the last couple of days with Prime or LC Advisers and fund every loan, just so they can say they all get funded. 

New Jersey Guy

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Re: Unfunded
« Reply #2 on: April 11, 2014, 06:21:55 PM »
There was one that I know of.
It was a guy who produced porno films and was suspected of jumping out of a jetliner with a whole bunch of cash.
Return over deposits:   66.82%
IRR:   86.54%
As of April 30, 2014