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June 2017 closers

Regular Contributor

June 2017 closers

I don't know if it's too early.... We are selling and buying. 

 

Buying:

purchase price: $470,500

signed contract: March 2017 with a Hubbard Clause our house had a contract 26th day on market

location: Connecticut 

property type: single family

new/existing: existing

loan type: conventional 90/10

loan rate: haven't locked

pre-approval 2/21/17 Desktop underwriting approval 4/7/17

appraisal: this week TBD

clear to close: TBD

closing date: 6/8/17

closed on:TBD

 

so far things are going well on the selling and the buying end......

 

 


Discharged Ch.13 6/24/15
Scores on discharge EQ669 TU650 EX654
current scores EQ776 TU775 EX758
WF $2500 WF $3000 Discover $6000 Target $1200 Amazon $5000 Jcrew $5250 Lowes $8300 Tjmaxx $5000 Cap1 $14750 venture $25500 jetBlue $21000 pier1 $5000 Amex $10000x2 AMEX $21,000 BoA$8000 CitiDC$8000




Message 1 of 81
80 REPLIES
vv1
New Member

Re: June 2017 closers

Purchase Price: $356,000

Signed Contract: 01/30/2017

Location: CA

Property Type: Single-Family Home

New/Existing: New

Type of Loan: 30YR Conventional

Loan Rate: 3.625%

Pre-Approval: 01/21/2017

Appraisal: $363,000

Clear to Close: TBD

Closing Date: 06/23/2017

Closed On: TBD

Message 2 of 81
Established Member

Re: June 2017 closers

Purchase Price: $220,000

Signed Contract: 04/2017

Location: MD

Property Type: Single-Family Home

New/Existing: Existing

Type of Loan: 30YR FHA

Loan Rate: TBD

Pre-Approval: 04/25/2017

Appraisal: TBD

Clear to Close: TBD

Closing Date: 06/02/2017

Closed On: TBD

Message 3 of 81
Regular Contributor

Re: June 2017 closers

Appraisal is back. Much lower than I thought, but still works.

Buying:
purchase price: $470,500
signed contract: March 2017 with a Hubbard Clause our house had a contract 26th day on market
location: Connecticut
property type: single family
new/existing: existing
loan type: conventional 90/10
loan rate: haven't locked
pre-approval 2/21/17 Desktop underwriting approval 4/7/17
appraisal: $475,000
clear to close: TBD
closing date: 6/8/17
closed on:TBD

so far things are going well on the selling and the buying end......  This is not accurate anymore my buyers are making me crazy....


 

edited for spell check


Discharged Ch.13 6/24/15
Scores on discharge EQ669 TU650 EX654
current scores EQ776 TU775 EX758
WF $2500 WF $3000 Discover $6000 Target $1200 Amazon $5000 Jcrew $5250 Lowes $8300 Tjmaxx $5000 Cap1 $14750 venture $25500 jetBlue $21000 pier1 $5000 Amex $10000x2 AMEX $21,000 BoA$8000 CitiDC$8000




Message 4 of 81
Frequent Contributor

Re: June 2017 closers

Refinance
purchase price: $160,000
location: Maryland
property type: single family
new/existing: existing
loan type: conventional
loan rate: 3.375% 15 year
pre-approval March 30 Desktop underwriting approval 4/23/2017
appraisal: this week 320,000
clear to close: TBD
closing date: 6/1/17
closed on:TBD I'm told date is moving up.

Zillow had house valued at 400k. Appraisal very low. Worried bank will attempt rate change since LTV is at 50% instead of the 40% I thought it would be.
Last app 1/2/2017.
In the garden until at least 6/2/2017.
Message 5 of 81
Regular Contributor

Re: June 2017 closers

I'm actually closing 5/31 but there's no thread for May so I'll post here.

 

Appraisal came back $35K over purchase price.  We were worried because we bid over the list price

Buying:
purchase price: $365,000
signed contract: April 2017
location: GA
property type: single family
new/existing: existing
loan type:FHA (had to after snafu with 1099 inicome)
loan rate: 4.5%
pre-approval Desktop underwriting approval 4/10/17 backend DTI: 56.0 due to student loan DTI rules--found lender with no overlays
appraisal: $400K
clear to close: TBD
closing date: 5/31/17
closed on:TBD

 

We hope to close a few things early.  Things have been going really fast an smooth.  We got our loan committment letter 4/27

Message 6 of 81
Frequent Contributor

Re: June 2017 closers

SO SO Excited!! The rate is a litle high my mid score was 671 though my soon to be hubbys was like 800, we needed both incomes. We are getting $10000 in closing costs paid from the builder though.

 

purchase price: $455,000

signed contract: December 2016

location: Texas

property type: single family

new/existing: New

loan type: conventional 90/10

 

appraisal: this week TBD

clear to close: May 16

Closing date: June 1 or 2

closed on:TBD

 

Its the home of our dreams!!

Nov 2014 500s April 2016 TU 707 EQ 690 EX 663 May 2017 TU 718 EQ 708 EX 701
CSP 6K Cap One QS 10.6K Discover 7.3k Freedom 4k Unlimited 2.5k AMEX Platinum NPSL
Message 7 of 81
Regular Contributor

Re: June 2017 closers


Buying: 1st time buyer
purchase price: $179,900
signed contract: 5/8/17
location: Tennessee
property type: single family
new/existing: existing
loan type: FHA 30yr
loan rate: 4.5%
pre-approval: 5/5/17
Sent to underwriting: 5/14/17
appraisal: 6/7/17 - $180,000
clear to close: TBD
closing date: 6/9/17
closed on:TBD


This waiting thing has been the hardest part so far. My loan officer has told me and told me everything looks great and not to sweat it. I'm so excited about potentially becoming a homeowner. I won't believe it until we sign the papers and have the keys. He assures me everything looks good though.

Current Scores: 11/7/17: [EQ-642] [TU-641] [EX-654]


Goal 08 Scores: 11/7/19: [EQ-742] [TU-686] [EX-739]
Message 8 of 81
Regular Contributor

Re: June 2017 closers

Buying: 1st time buyer
purchase price: $194,000
signed contract: 4/26/17
location: CA
property type: single family
new/existing: existing
loan type: 30yr Zero Down Conventional 
loan rate: 5.0%
pre-approval: 4/11/17
Sent to underwriting: 5/1/17
appraisal: Done on 5/12/17  $200k
clear to close: 06/19/17
closing date: 6/26/17
closed on:06/30/17

 

Waiting on the appraisal now. Should know more tomorrow. 

 

Update on 5/21/17: Appraisal came in good. Back to underwriting we go! Will hopefully get a better idea of closing date soon.

Message 9 of 81
Regular Contributor

Re: June 2017 closers

Buying: Purchase
purchase price: $140,000
signed contract: 5/15/17
location:  NC
property type: single family
new/existing: existing
loan type: FHA 30yr
loan rate: 4.0%
pre-approval: 5/13/17
Sent to underwriting: TBD
appraisal: TBD
clear to close: TBD
closing date: 6/28/17
closed on:TBD

699 TU FICO 11/2017
In Garden till Summer 2018
Message 10 of 81