03-17-2014 11:44 PM
03-18-2014 07:08 AM
I'm in waiting for the underwriting decision and have been stressed since we ratified our contract. I called our loan processor yesterday and she said we probably should hear something from our final processor by the end of the week regarding any conditions. The sellers are in a hurry to move and wanted to close on 3/24, but that is definitely not happening now.
Purchase Price: $360,000
· Property: SFH - 3500 sq ft
· Submitted Offer on: 3/2/2014
· Signed Purchased Contract on : 3/2/2014
· Home Inspection: 3/7/2014
· Type of Loan: 30 Yr Fixed Conventional
· Loan Rate: 4.125%
· Loan Application submitted: 3/3/2014
· Loan Approved:
· Appraisal Completed: 3/6/2014
· Property Insurance: 3/7/2014
· Final Approval:
· Closing Date: 3/31/2014
· Closed On:
03-20-2014 09:57 PM
03-21-2014 03:57 PM
03-22-2014 01:07 AM
03-22-2014 03:25 PM
Update on mine. I called on Wednesday to make sure everything was going along okay and was told that the title work still hadn't been received from my settlement agent, so they couldn't move it to the underwriter. I called our settlement agent, and they sent it over on Thursday morning. I confirmed with my lender that they received it and were set for underwriting on Thursday evening, and that I should hear something by Tuesday at the latest.
I'll probably call again on Monday night to make sure that we are still good in underwriting, and that nothing else is holding us back from having a complete package that they can look at.
We have our homeowners insurance policy in hand, all funds documented, bank statements and pay stubs are to-date, appraisal was received weeks ago, and the title work is complete...don't know what else can delay it.
03-24-2014 11:50 AM - edited 03-24-2014 11:51 AM
Purchase Price: $599,990k
Property: SFH - 4480sqft, new construction
Toured built home on: 03-21-2014
Submitted Offer on: no offer...
Signed Purchased Contract on : 03-22-2014
Construction began: 8-20-2013
Type of Loan: conventional
Loan Rate: waiting to lock rate
Loan Approved: last month
Closing Date: 4/28/2014
03-24-2014 03:00 PM
Original close date was March 21st. I had a conditional approval. I had to have 3 months of mortgage payments in the bank.
03-25-2014 01:30 PM
I'm new to this form and a first time home buyer!!
Purchase Price: $103K
Property: SFH - 3358 sq ft on 1.25 acres
Submitted Offer on: 03-21-14
Signed Purchased Contract on : 03-22-14
Type of Loan: FHA Ga Dream Home Loan
Loan Rate: 3.25 %
Submitted Loan: TOMORROW 03-26-14
Loan Approved: PENDING
USDA Approved: PENDING
Closing Date: 4-29-14
I'm STRESSING over sending this loan to the underwriter! Anyone else have any experience with the Ga dream loan ?
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.