Starting Score: EQ 602 TU 624 as of 01/12/12
I am praying to close next month! I have a new construction and I am soo excited! We have been very patient and have had a very bumpy ride. But I know once we are in our new home, it wil be well worth it.
- Contract Price: $599,909 (builder contributing $20k toward closing costs)
- Property: New Construction
- Signed Purchased contract on : 5/8/2011
- Type of Loan: FHA Jumbo Loan
- Loan Rate: Not sure yet.
- Loan Application submitted: 10/18/2011
- Committment letter received on: 11/29/2011
- Loan approved: 5/8/2012
- Construction began: 2/14/2012
- Closing date: TBD
- Closed on: TBD
Congratulations. Luckily for us USDA in our area (North Florida) is only taking about 48 hours. However, we were planning on closing this Friday and it looks like that is not going to happen. I called the USDA and they said they are waiting for the lender to send a letter from me verifying that I do not work and have no income. Frustrating because I know we sent that letter to the lender : (
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