08-16-2013 07:33 PM
So my loan went to USDA on the 8/14/13 with fully bank approval (it already went through all the bank underwriting) they are currently working on 7/29/13 so not to far behind. So since there is nothing more for me to do but wait I thought I would read through some threads on here now don't get me wrong I love this site and it and the people on it have been very helpful but, looking up all the horror stories makes me feel really insecure even through most people say making it through the bank underwriters are the hardest part and that USDA "Rubber Stamps It". So no more horror stories for me! What have you guys been doing while waiting for your decision from USDA so as to not go crazy???
08-16-2013 08:21 PM
08-16-2013 09:13 PM
08-16-2013 10:45 PM
You know that it's a formality more or less if your reports are clear of collections and such, and you don't go and buy that Rolls Royce before closing...
I know you're nervous - hopefully I'll be in the same boat as you next week if we get through bank underwriting, and we can continue to keep each other sane (ish, LOL).
In the meantime, I'm packing. Not stuff that I need like the computer and electric kettle - but the loads and loads of books, kids' toys, winter bedding, winter clothes, home busines stuff I know won't be using for a while, etc. That's all getting packed now.
The bonus is that the best boxes are to be had from the liquor store - so I got a nice Reisling with my boxes tonight. Drinking helps pass the time too....
Seriously, I'm over the moon for you, as we would say back home - stay strong. Take up knitting. (I'm not being facetious, my home business is that I write knitting patterns for publication). The great knitter and writer Elizabeth Zimmerman said, "Properly practiced, knitting soothes the troubled spirit. And it doesn't hurt the untroubled spirit either."
08-17-2013 05:14 AM
Krenee2525 Good Luck I will keep my fingers crossed for you and let us know when you hear something.
Boldilocks I can't tell you how many horror stories I read about people having a collection for 3-4 years ago suddenly pop up on their report at close. Also I'm sure you know this but I wanted to put the info out there from what I am hearing they pull your report even after you close but right before funding so you can't buy anything until you are living in the house ( some people are allowed to close but have to wait for the title to record and such). I have been buying plastic storage totes they are really cheap right now because of all the kids going back to college all the stores have them on sale. And when I am done (hopefully moving) I will have them to store things in the attic lol. Our stores around here all crush their boxes even the liquor store. I already have all the stuff in the closets in totes I am holding off on packing anything else. School starts next week so that will be both a blessing and a cruse. A blessing because it will keep me busy and curse because it's going to be really hard to Drive my daughter back and forth 50 miles to her school, go to school 50 miles back and froth full time myself, re-enroll my son in a new school and get him back and forth and move all at the same time lol! However the week or so before the move it will be a blessing because I will have something to do. Lol
08-17-2013 09:55 AM
So after asking my husband about a billion times to pack his side of the closet up and I understand why he didn't want to but we are talking about putting things in storage totes he hasn't touched in years, well I did it myself and it turned into a big ordeal. First I pack his side of the closet up, then I notice the closet needs vacuumed out so I vacuum the closet, then I think well I might as well clean the carpet, then realize I should do the whole room while I am at , so now I vacuum the whole room and realize it's dusty so I start dusting everything taking pictures off the wall, then clean the carpet and I think I better stop for the day lol I have other rooms to do today lol. And it all started with cleaning his side of the closet!
If we don't get the house at least the closets will be very organized
08-17-2013 11:52 AM
Yipes! You sound like the cleaning version of the old lady who swallowed a fly today!
I'm trying to get motivated to do some more packing - my head says "pack", my heart says "knit". So I'm online which is a happy medium, LOL.
08-17-2013 12:51 PM - edited 08-17-2013 12:53 PM
Ha Ha Boldilocks that's is just what it felt like couldn't have said it better myself! I'm just doing the closets nothing more I don't want to start packing up the house and have it come back denied by USDA I would really hope that isn't the case and can't foresee anything coming out of left field and smacking us in the head but you never know, and if it did I would be way to depressed to unpack anything and it would all stay packed forever lol!!! I'm sorry when did you say you think you might know something back from UW or did your LO not really say?
08-17-2013 09:03 PM
Hi Lemontwist14... I've been following this board for a few weeks now, we are also in Ohio and getting (trying to anyways) a USDA loan. Ours in still in bank underwriting now, but we should hear something by Wednesday.
Thanks for your up to date timeline. Its good to hear they are working on the July 29th apps- Hopefully it won't take the 3 weeks our LO has been telling us!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.