Reply
Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
0

Re: January and February

Wow hackgizz! Congrats!!! That is a lot of home for only $317K! What state did you buy this in?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
0

Re: January and February

Purchase Price: $347,900
Property: Single Family Home, new construction, 4 bd, 3 1/2 ba, study, 2500 sq ft finished, 1000 sq ft unfinished walkout basement, deck built in backyard on main level, has a covered patio in front
Toured house : 1/2/13
Submitted offer on: 1/2/13
Signed Purchased Contract On : 1/5/13
Type of loan: 1st mortgage FHA, 2nd mortgage CHFA for 3% down
Loan rate: 3.25% initial (not locked yet)
Loan application submitted: 1/7/13
Loan approved: still in underwriting
Closing date: hopefully end of this month, no later than Mid February
Closed on: n/a
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Highlighted
Established Member
Posts: 23
Registered: ‎07-09-2008
0

Re: January and February

This is in Central Florida

 

7br and 5 bathrooms the same Builder have the same house in Orlando for 467k 

But i like the Country side of Central Florida 

Valued Member
Posts: 39
Registered: ‎11-09-2012
0

Re: January and February

So excited now!  Found house in late October - however, my mid-score was only 570ish - couldn't get loan.  Went crazy trying to pay down cards & remove negatives....got my score up to 649 mid, and was pre-approved for loan in early December!!  The house is very well-maintained, but cosmetically needs A LOT Of updating, but we are excited to put in the work ourselves & build equity over the long run....The house has a ton more space than our previous home, and the layout is great!

 

Purchase Price: $264,500
Property: Single Family Home in one of the best school districts in our city!, 4 bd, 2 1/2 ba, 2600 sq ft  + 1000 sq ft fnished basement, and 3 season room off of family room/kitchen.
Toured house : 10/29/2012
Submitted offer on: 12/17/12
Signed Purchased Contract On : 12/19/2012
Type of loan: FHA
Loan rate: 3.25%
Loan application submitted: 12/19/12
Loan approved: waiting on 401k check & chimney inspection to see if we want to request additional repairs, but all other conditions have been signed off on.
Closing date: hopefully 1/23/13
Closed on: n/a


Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
Goal Score: 700


Take the FICO Fitness Challenge
Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
0

Re: January and February


tshope4205 wrote:

So excited now!  Found house in late October - however, my mid-score was only 570ish - couldn't get loan.  Went crazy trying to pay down cards & remove negatives....got my score up to 649 mid, and was pre-approved for loan in early December!!  The house is very well-maintained, but cosmetically needs A LOT Of updating, but we are excited to put in the work ourselves & build equity over the long run....The house has a ton more space than our previous home, and the layout is great!

 

Purchase Price: $264,500
Property: Single Family Home in one of the best school districts in our city!, 4 bd, 2 1/2 ba, 2600 sq ft  + 1000 sq ft fnished basement, and 3 season room off of family room/kitchen.
Toured house : 10/29/2012
Submitted offer on: 12/17/12
Signed Purchased Contract On : 12/19/2012
Type of loan: FHA
Loan rate: 3.25%
Loan application submitted: 12/19/12
Loan approved: waiting on 401k check & chimney inspection to see if we want to request additional repairs, but all other conditions have been signed off on.
Closing date: hopefully 1/23/13
Closed on: n/a


Congrats on your hard work to get approved.

 

Enjoy your new home

Good Luck
May all your dreams and wishes become a reality!
Valued Member
Posts: 42
Registered: ‎01-19-2012
0

Re: January and February

[ Edited ]

Wow jessica04! Very nice! A lot more home than I get. I'm in Coastal North San Diego. I've been waiting a long time to post this up...

 

Purchase Price: $199,000.00

Property-Short Sale: Split Level 1 bd, 1.5 ba, 954 sq/ft, open layout with hight vaullted ceilings, fire place, and best of all attached 2 car garage for my toys ie motorcycles, golf coarse view

Toured house: 3/14/2012

Submitted Offer: 3/14/2012

Signed Purchase contract: 3/15/2012

Bank Approval Letter: 12/29/2012 (Wow!)

Entered Escrow:12/31/2012

Type of Loan: Conventional 10% down

Loan Rate: 3.75% 30yr fixed

Closing date: Must be before Feb 8th... 01/25/2013

Closed on: TBA

 

EQ FICO score from here... EQ 716
USAA monitoring Experian Plus scores : EX 773 EQ 773 TU 785
New Contributor
Posts: 167
Registered: ‎12-04-2012
0

Re: January and February

Wow, wally101, that is a long time to be under contract!  Congratulations on finally getting through that part.  I am sure your time until closing will fly by now.

Valued Member
Posts: 42
Registered: ‎01-19-2012
0

Re: January and February

Yeah...it took forever to get the short sale approval letter from the bank!

EQ FICO score from here... EQ 716
USAA monitoring Experian Plus scores : EX 773 EQ 773 TU 785
Regular Contributor
Posts: 230
Registered: ‎09-22-2012
0

Re: January and February

Congrats to everyone closing and already closed!

 

Update for us: File back from underwriting. We are good to close. Set up final walk through for 1/26, and close at 8am the 28th. Had to take in proof of savings deposits, and that was the only condition given by the UW. Appraisal came in right at 240K. So barring any major complications I think we are all set! Yay!!


Starting Score: EQ 416 TU 498 EX 468 Lender Fico's July 2012
Current Score: EQ 548 (Myfico) TU 655 (Walmart) CK 672 EX?? CS 642
Goal Score: For now: 640s


Take the FICO Fitness Challenge
Valued Member
Posts: 65
Registered: ‎12-15-2012
0

Re: January and February

I'm so excited to finally post here!!!

 

Purchase Price: $46,500
Property: Single Family Home, 3  bd, 1 ba, 1312 sq ft, includes stove, fridge, washer & dryer, enclosed front porch, enclosed back patio, fenced in yard, 2 car detached garage, attached carport. Very immaculate and well cared for.
Toured house : 12/13/12
Submitted offer on: 12/16/12
Signed Purchased Contract On : 12/17/12
Type of loan: FHA 3.5 down (my name only with a non-purchasing spouse)
Loan rate: 3.25%  locked
Loan application submitted: 12/18/12
Loan approved: Today, with one condition of LOE for source of 2 recent savings deposits
Closing date: On or before 1/20, and since thats a Sunday, I'm betting on before Smiley Happy
Closed on: TBD, but positive that by this time next week i will have a set of keys!

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.