April 2016 closers!

[Anonymous]

Looks like I'll be moving to the May closers thread. Offer countered & I accepted their counter today. We're aiming for May 6th.

[Sassy_Taurus]

Congratulations Dansamy!

[Anonymous]

Purchase Price: 210,000
Location: Georgia
Property Type: Single Family
Signed Contract : 03/28/2016
Type of Loan: VA
Loan Amount: 210,000
Loan Rate: 3.625
Loan Application Submitted: 03/22/2016
Loan Approved: TBD
Committment Letter Received: TBD
Closing Date: 04/28/2016
Closed On: Pending

[Anonymous]

Purchase Price: 101,000
Location: TN
Property Type: Single Family
Signed Contract : 02/20/2016
Type of Loan: VA
Loan Amount: 85,000
Loan Rate: 3.35
Loan Application Submitted: 03/5/2016
Loan Approved: YES!!! 03-29-2016
Committment Letter Received: Not Yet
Closing Date: 04/8/2016
Closed On: Pending

Well i'm supposed to closed on April 8 but my mortgage processor called that the person supposed to handle my closing docs is very busy...so she's sending it to a different person....And I'm hoping I'll closed on time.

[Anonymous]

Purchase Price: $180,000
Location: Florida
Property Type: 1 Story, Single Family Home
Signed Contract : March 2016
Type of Loan: FHA - 30 Yr Fixed

Loan Amount: $173,700
Loan Rate: 3.75%
Loan Application Submitted: 3/6/2016
Loan Approved: 3/28/2016

Committment Letter Received: Not Yet
Closing Date: April 14, 2016
Closed On: Pending

Appraisal initially came in lower than contract price, but the seller was willing to meet at appraisal price without taking back any of concessions. This has been a truly unbelievable experience. Trying to stay sane for the next 2 weeks and hopefully no more snags

[Cheshiregrl]

Update- we have to go by 2015 fha guidelines. Also our closing was moved up again to 4/18!!

[pt310]

Hi all! I just got a text from my agent asking if 4/25 is ok to close on, so I guess I'm in this club, YAY!

Purchase Price: $165,000 (down from asking of $176,000)
Location: Florida
Property Type: Single Family Home
Signed Contract : March 18 - Original, Final Price Amendment received Today, March 30, 2016
Type of Loan: Conventional 3/1 ARM

Loan Amount: $132,000
Loan Rate: 2.5% 
Loan Application Submitted: 2/9/16 - but it took a long time to find the right house!
Loan Approved: Pending Appraisal
Closing Date: April 25, 2016

Just waiting for the appraisal now, which has been ordered. If possible, I'm going to try to get closing moved up, as there are a lot of upgrades I would like to do before I actually move in - the kitchen especially.

I decided to go with the 3/1 ARM due to the extremely low beginning rate, and the fact that it is capped at 4% total increase, (1% per year max). I'm planning to pay down a LOT, if not most, of the principal before the rate goes up any.

I owe a lot to these forums. I've been on here for a few years, got old negatives cleared up, and optimized my FICO scores with everyone's help and advice - whether you knew it or not! I went from low 600's to high 700's. (Got an update the other day that said 793!) I know these aren't the same as the Mortgage scoring models, but still...wow! Thanks everyone!

Wish me luck!

[Anonymous]

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@Anonymous wrote:

Purchase Price: $247,000
Location: Michigan
Property Type: New construction Single Family
Signed Contract : September 2015
Type of Loan: USDA Guaranteed

Loan Amount: $254,000
Loan Rate: 3.625%
Loan Application Submitted: Oct 16, 2015
Loan Approved: Oct 27, 2015
USDA Approved: TBD
Closing Date: April 11, 2016
Closed On: Pending

I've been waiting 6 months to participate in the closers thread! My new contruction home is nearly complete and I am beyond excited. Everything has been approved by the underwriters and I am just updating documents with them at this point. Final hurdle is USDA which I am hoping and praying goes as smoothly as possible!

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Just receive USDA and lender clear to close yesterday!! I am SO excited! Counting down til closing!

[keisham320]

So happy beyond measure to be an official April closer. And I must say that I owe it all to you awesome contributors on this website. I never though that I'd be a homeowner. One year ago I had 2 subprime credit cards and after diligent reading of the credit repair and mortgage threads I now have over 100k in awesome credit cards - subprimes closed - and I am now a homeowner!

Purchase Price: $268,340.00
Location: Florida
Property Type: New construction Single Family
Signed Contract : March 3, 2016
Type of Loan: FHA 3.5% Downpayment

Loan Amount: $263,479.00
Loan Rate: 3.875%
Loan Application Submitted: March 9, 2016
Loan Approved: Conditional approval March 17, 2016
Final Approval: Clear to close March 31, 2016
Closing Date: March 31, 2016
Closed On: April 1, 2016