03-06-2012 10:58 AM
Hi,
My excitement to be moving in by Beginning of April just turned to dissapoitment when the builders called to tell me that My home Will NOT be completed until JUNE...YES JUNE! I am currently under contract, my rate is locked in at 2.875% until May 7th and my Commitment Letter is signed and states I have to close by May 26th. The Company building my home said that they can probably speed up my home above the others and get me moved in quicker. I just pray to God that something good can happen. I am ready to MOVE already. So, I can't do any major shopping, take any vacations or nothing until JUNE.....freaking kidding me. Sucks Major!
Does anyone know if I don't close by May 26th will I have to have my application re-submitted for approval again or can they just extend my rate and application. Please any advice will help. I already text my LO; just waiting for him to call me back.
03-07-2012 12:53 PM
Chinadoll wrote:Hi,
My excitement to be moving in by Beginning of April just turned to dissapoitment when the builders called to tell me that My home Will NOT be completed until JUNE...YES JUNE! I am currently under contract, my rate is locked in at 2.875% until May 7th and my Commitment Letter is signed and states I have to close by May 26th. The Company building my home said that they can probably speed up my home above the others and get me moved in quicker. I just pray to God that something good can happen. I am ready to MOVE already. So, I can't do any major shopping, take any vacations or nothing until JUNE.....freaking kidding me. Sucks Major!
Does anyone know if I don't close by May 26th will I have to have my application re-submitted for approval again or can they just extend my rate and application. Please any advice will help. I already text my LO; just waiting for him to call me back.
You can get an extension. Still plenty of time according to the dates you submitted.
03-08-2012 09:19 AM
03-08-2012 09:50 AM
Enjoy that new home!
03-08-2012 12:54 PM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


