December 2013 Closers!!

[RJA]

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@Panamanian wrote:
Finally closed and funded.

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CONGRATULATIONS!!!   Hope to say those words soon.  Enjoy your new home.

[Panamanian]

Thanks the road was tough

[meesh6036]

congrats! 

I hope to be able to say that by the end of the week. Our closing is pushed until the 6th, at the earliest. The title company had my husbands old, paid judgement pop up (from 2004) so we have to get something from the state showing it's been satisfied. Who knows how long that will take. UW has signed off on everything else though! Woohoo. The seller also had to push it back a day, so it worked out for everyone. 

[Panamanian]

Thanks everyone..im so happy to finally be a homeowner although I had sellers from HELL literally...it was a constant struggle over repairs, leasebuyback and etc. Im just glad its over and hope I never see them again. I will not let them steal my JOY

[vortexofhate]

It looks like I will be joining this thread.  We had our offer accepted on the house yesterday and we are tentatively scheduled for a 12/30 closing date.  This has been very stressful process so far for us, just getting the offer accepted!

Home Location: Corona, CA

Purchase Price: $365k

Property: SFH - 1320 sq ft

Submitted Offer on: November 24

Signed Contract on : December 4

Lender Name:

Notes about Lender:

Type of Loan: conventional 30 Yr Fixed

Loan Rate: 4.625 ? (as of 12/5)

Loan Application submitted:

Processing:

Appraisal Ordered:  

Appraisal Completed:

Underwriting:  

Loan Approved w/conditions:  

Final Approval:  

Closing Date:   tentative Dec 30

CLOSED:

[C_DUBYA]

Cleared to close yesterday and closing this coming Tuesday!!   OMG!  Just in time for christmas!!

And to think I am closing at a 4.9% rate fixed 30 year with a 597 middle score.  IT CAN BE DONE PEOPLE!!!

[meesh6036]

It's done, we got final approval on Dec 8th. However, because it was a Homepath mortgage Fannie Mae had to sign off on our HUD-1. We signed closing papers on Dec. 10th, loan was funded on Dec. 11th and we were recorded (and then got keys) on Dec. 12th. I'm not sure what day Fannie Mae signed off.

Moved in on the 13th. I can't believe I own a house.

[newmomnewme]

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@basballguy wrote:

Whelp, I guess i'll go ahead and post to this thread send I got conditional UW approval. 

Home Location: Glenn Heights, Texas
Purchase Price: 285k
Property: SFH - 3988 sq ft
Submitted Offer on: May 15th (ish)
Signed Contract on : May 15th (ish) (New construction)
Lender Name: Supreme Lending

Notes about Lender: Good communication, would recommend

Type of Loan: USDA Guaranteed
Loan Rate: I should know this but i don't
Loan Application submitted: 11/5
Processing: 11/11
Appraisal Ordered:   11/25
Appraisal Completed: 12/2
Underwriting:   11/20
Loan Approved w/conditions:   11/26 (Conditions:  Letter stating I was never married, IRS payment history, copies of canceled checks for earnest)
Final Approval:   ?

Projected Closing date: Between 12/20 - 12/30

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So, you couldn't get the appraisal done until the house was built?  My broker submitted to USDA 12/12...but, the builder won't be able to break ground until after winter...maybe March. Will I have to submit new documentation? W-2, pay stubs, taxes (2013) etc.?

[arizonahd]

I held off on writing this post due to the fact we could go into a January closing but my LO told me it would most likely close before xmas! RD (USDA) here in AZ is currently working on applications from Dec 4th, which means ours will be up for review shortly. Long process, but I am going to miss the adventure and non stop conjecture about what paint colors/ interior design scheme we are going to use (sigh...I think I lose to my fiance on this one).  

Home Location: Arizona

USDA Pre-Approval: September 25th

Started Shopping: October 1st
Purchase Price: $205k 
Property: SFH - 2100 sq ft, .50 acre lot
Submitted Offer on: October 21th 
Signed Contract on : October 28th
Lender Name: Michigan Mutual
Notes about Lender: Not bad, probably will sell the loan once closed. Heard a lot are going to WF (which is great since they already own my soul)
Type of Loan: USDA 30 Yr Fixed
Loan Rate: 3.75 - locked till Jan 15th
Loan Application submitted: November 5th
Processing: November 11th
Appraisal Ordered:November 7th
Appraisal Completed: November 13th
Underwriting: November 18th
Lender Approval w/conditions: December 5th

Submitted to RD: December 6th

RD Final Approval: Undetermined, my file is just there, all by its self, waiting for human contact. 
Closing Date: December 19th - 30th (possibly before Xmas)

CLOSED: Um, not yet, some day hopefully

So close, yet so far away!

[Christian123]

Closed today!  It's been a long road

Home Location: Maryland

VA Pre-Approval: April 30th

Purchase Price: $657k 
Property: SFH - 4800 sq ft including basement
Signed Contract on : May 3rd (New Construction)
Lender Name: Southern Trust
Notes about Lender: They were pretty good.  They were our builders preferred lender so we used them to get the incentives.  Rates a little higher than our credit union
Type of Loan: VA 30 Yr Fixed
Loan Rate: 4.25 

Initial Underwriter Approval: July 3rd
Appraisal Completed: December 12th

Final loan approval: December 6th

Cleared to close: December 16th
Closing Date: December 17th 

CLOSED: TODAY!!