09-17-2013 07:25 AM - edited 10-24-2013 06:36 AM
No one closing in October yet around here but I have hope for the end of it. Final walk through is scheduled for October 25th and we hope we can close the same day or the latest final week of October . I also added 3 new bullets, one for general location of the home,one for Builder's name if new construction and one for Lenders Name, if you don’t want to disclose them that's fine but I think it will help others shop for mortgage:
Builder’s Name: Pulte Homes
Notes about Lender: Initial offered higher rate but matched rate from a local Bank
09-17-2013 07:40 AM - edited 10-31-2013 07:58 AM
Still sitting on pins and needles. First walk through scheduled for Oct. 4th. Final walk through scheduled for 2pm on the 11th with closing right after.
09-17-2013 01:37 PM - edited 10-18-2013 01:24 AM
Hey there! I'm new here, but we're closing in October!!!
Builder’s Name: Resell... 6 year old house
Notes about Lender: LOVE my LO
09-17-2013 05:22 PM - edited 09-17-2013 05:28 PM
Hi guys!! We started the credit repairing process one year ago and are finally within eyesight of the finish line! Phew!! It was a marathon which took a TON of patience, disgusting amounts of stress and at least a boxful of Kleenex to absorb some tears. All that aside, I hope to say in 2 short weeks that it was all worth it. Anywho, here it goes:
Purchase Price: $156,950
Property: SFH - 1462 sq ft
Submitted Offer on: July 7, 2013
Builder’s Name: Palo Verde Homes
Start of construction: July 1, 2013
Signed Purchased Contract on : July 7, 2013
Lender Name: Rocky Mountain Mortgage
Notes about Lender: VERY thorough (especially when it comes to bank statements) but pretty quick
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.5 (locked 08/15/2013)
Loan Application submitted: 07/18/2013
Loan Approved w/conditions: 09/13/2013
Final Approval: Any day now.
Appraisal Ordered: 09/01/2013
Appraisal Completed: 9/16/2013
Closing Date: 10/3 @ ?
09-17-2013 07:20 PM
Maybe, but not likely, LOL. One can hope! We are flying to DFW for a week of househunting on Sat, so we are so excited! We are also going VA, so I know the delays there, but I just thought it would be fun to think that I could POSSIBLY close in Oct.
09-18-2013 12:44 PM
This has been the most stressful, longest process I've ever been through! The loan approval part of it was pretty straight forward and quick....but the building process has been an absolute nightmare! I guess if I had gone with a bigger builder instead of a small privately owned one I wouldn't be griping as much, but who knows! Below are my details:
Builder’s Name: Cheldan Homes (small private builder)
Notes about Lender: Preferred lender for Cheldan Homes. Very easy to work with and very responsive.
09-27-2013 04:05 PM
IF we close on time, we will be October closers by the skin of our teeth!
09-27-2013 06:02 PM
Builder’s Name: Pulte Homes
09-27-2013 09:38 PM
Builder’s Name: Stellar Homes
09-28-2013 01:33 PM
We're supposed to close October 23rd and have an FHA, does anyone know what will happen if the Government shutdown occurs? We worked so hard, like most of you, to pay off credit cards and save, and I will be so bummed if it is delayed. Thanks!
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
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.