March 2015 CLOSERS!!!!

[andemalia]

Hello Friends!!!

It might be a tad bit early but March is really just about 3 weeks away!!! 

Our offer was just accepted and we have our inspection on Monday 02/09.

Our closing is scheduled for 03/13/15

I have the confidence that it will all go through and we will be happy lower middle class first-time homebuyers!!

Feel free to share your stories too, I am sure they can help and encourage one another and others who are not sure what to expect about the process like I was some months ago!!

[andemalia]

Home Location: Prince George's County, MD

Purchase Price: $265k no conditions

Property: Townhome - 1432 sq ft

Submitted Offer on: 02/01/15

Signed Contract on: 

Ernest (Deposit) Money:  $2650

Lender Name: Academy Mortgage

Notes about Lender: Awesome!! Available, friendly and so helpful!!

Type of Loan: FHA 30 year fixed

Inspection: scheduled for 02/09/2015

Purchase contract addendums:

Loan Rate: 3.5% 

Application submitted: 

Loan Processing: 

Mortgage Commitment Letter:  

Appraisal Ordered:  

Appraisal Completed: 

Went to underwriting: 

Underwriting Complete: 

Final Approval: 
Walk Through: 

Closing Date: Scheduled for 03/13/2015

[frugalQ]

woot woot!!!!!  the time has FINALLY come!!!!

Home Location: Georgia

Purchase Price: $450,000

Property: Single Family home - 4,300 sq ft (6,000 sq ft including basement)

Submitted Offer on: 08/29/14

Signed Contract on: 09/06/14

Ernest (Deposit) Money:  $7,500

Lender Name: Academy Mortgage

Notes about Lender: Love, love, love my LO

Type of Loan:  80/15/5 conventional

Inspection: 

Purchase contract addendums:

Loan Rate: 4.125 (with no origination fee)

Application submitted: 08/15

Loan Processing: went through QC and straight to underwriting

Mortgage Commitment Letter:  2/6/15

Appraisal Ordered:  

Appraisal Completed: 

Went to underwriting: 1/26/15

Underwriting Complete: 2/6/15

Final Approval: 
Walk Through: 

Closing Date: Scheduled for 03/19/2015

[Anonymous]

I fully expect mine to close in early March even though they said 2-25 right now.  I am locked in at 3.625% on a non conforming jumbo with 25% down

[Believe1970]

Home Location: Upstate NY

Purchase Price: $135,000

Property: Townhome - 1800 sq ft

Submitted Offer on: 01/23/2015

Signed Contract on: 01/24/2015

Ernest (Deposit) Money: $1000

Lender Name: Quicken Loans

Notes about Lender: Friendly and easy to work with

Type of Loan: FHA

Inspection: 1/31/2015

Purchase contract addendums: 02/07/2015

Loan Rate: 3.99

Application submitted: 02/05/2015

Loan Processing: 

Mortgage Commitment Letter:  

Appraisal Ordered:  02/06/2015

Appraisal Completed: 02/11/2015

Went to underwriting: 02/06/2015

Underwriting Complete: 

Final Approval: 
Walk Through: 

Closing Date: Scheduled for 03/20/2015

[wagsk1]

Home Location: Jersey Shore

Purchase Price: 373,000

Property: Detached - 2130 sq ft

Submitted Offer on: 01/06/2015

Signed Contract on: 01/08/2015

Ernest (Deposit) Money:

Lender Name: PRMI

Notes about Lender: Friendly and easy to work with

Type of Loan: VA

Inspection: 1/17/2015

Purchase contract addendums:

Loan Rate: 3.5

Application submitted:

Loan Processing:

Mortgage Commitment Letter:

Appraisal Ordered:

Appraisal Completed:

Went to underwriting:

Underwriting Complete: 02/02/2015

Final Approval:
Walk Through:

Closing Date: Scheduled for 03/24/2015

[Anonymous]

Home Location: San Diego Ca
Purchase Price: $620,000
Property: House - 3092 sqft
Submitted Offer on: 02/03/15
Signed Contract on: 02/05/15
Ernest (Deposit) Money: $22,000
Lender Name: WJBradley
Notes about Lender: Easy to work with
Type of Loan: FHA 30 year fixed
Inspection: scheduled for 02/15/2015
Purchase contract addendums:
Loan Rate: 3.65%
Application submitted:
Loan Processing:
Mortgage Commitment Letter:
Appraisal Ordered:
Appraisal Completed:
Went to underwriting: Yes
Underwriting Complete:  Yes
Final Approval:
Walk Through:
Closing Date: Scheduled for 03/10/2015

[denver133]

Home Location: Colorado

Purchase Price: $340000

Property: Townhome 1,400 sq ft 

Submitted Offer on: 3/31/14

Signed Contract on: 3/31/14

Ernest (Deposit) Money:  $11,000

Lender Name: OnQ Financial

Notes about Lender: Very straight forward and very helpful

Type of Loan:  3.5% FHA 30 year

Inspection: 

Purchase contract addendums:

Loan Rate: 3.65 (with no origination fee)

Application submitted: 2/5/15

Loan Processing: 

Mortgage Commitment Letter:  

Appraisal Ordered:  

Appraisal Completed: 

Went to underwriting: 

Underwriting Complete: 

Final Approval: 
Walk Through: 

Closing Date: Scheduled for 03/16/2015

[Anonymous]

Home Location: Jefferson County, NY

Purchase Price: $140,000  Seller paying closing costs up to 6K

Property: 2360 sq ft 

Submitted Offer on: 02/01/15

Signed Contract on: 02/03/15

Ernest (Deposit) Money:  $250

Lender Name:  MB Financial 

Notes about Lender: Awesome!! My broker has been the best.

Inspection: scheduled  for 2/11  DONE!   

Purchase contract addendums: none

Loan Rate: 4% 

Application submitted:  in stages... sent to underwriting 2/06 Pre approved with all verification

Loan Processing: 

Mortgage Commitment Letter:  Received 02/20/15 

Appraisal Ordered:  02/05/15

Appraisal Completed: 02/16/15

Went to underwriting: 02/06/15

Underwriting Complete: 03/01/15

Final Approval: 
Walk Through: 3/12/15

Closing Date: Scheduled for March 10---- CLOSED ON FRIDAY MARCH 13TH!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Anonymous]

Home Location: Newnan GA
Purchase Price: $155,000 (With sellers paying closing cost up to $4650.)
Property: House- ~2800 sqft
Submitted Offer on: 01/20/2015
Signed Contract on: 01/27/2015
Ernest (Deposit) Money: $1000
Lender Name: Brightpath Mortgage
Notes about Lender: Excellent... Loan Officer very helpful even on weekends.
Type of Loan: FHA 30 year fixed
Inspection: 01/29/2015
Purchase contract addendums:
Loan Rate: locked at 3.5%
Application submitted: Will be tomorrow (02/09/2015)
Loan Processing:
Mortgage Commitment Letter:
Appraisal Ordered:
Appraisal Completed:
Went to underwriting:
Underwriting Complete:
Final Approval:
Walk Through:
Closing Date: Scheduled for 03/09/2015