October 2017 closers

[Anonymous]

Purchase Price: $175,000
Signed Contract: 9/1/17
Location: Rochester, NY
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: VA home loan
Loan Rate: 4.3%
Pre-Approval: 8/21/17
Appraisal: 9/15/17  (came in at purchase price!)
Clear to Close: 10/9/2017
Closing Date: 10/12/17
Closed On: 10/12/17

[srob67]

What fico scores did they use to determine if you qualified for the loan?

[Anonymous]

Experian Fair Isaac
FICO risk score classic 4
Equifax beacon 5.0

[Anonymous]

Purchase Price: $140,000

Signed Contract: 9/7/17

Location: Tennessee

Property Type: Single-Family Home

New/Existing: Existing

Type of Loan: 30yr Fixed USDA (Credit score-690)

Loan Rate: 3.875%

Pre-Approval: Early May-Late July-Mortgage Application was 9-8-17

Inspection:9/13/17

Appraisal: 9/16/17

Clear to Close: 10-2-17 (closing date scheduled for 10-5-17)

Closing Date: 10/20/17...but expecting it to be sooner! Edited- we got our closing date of 10-5-17

Closed On: 10-5-17

[Anonymous]

I sure hope to be in this group myself (1st VA loan).  I'm not sure what to expect from here though.  I've signed, given earnest money, just had the home inspection done today (lots of red stuff!?) and am now waiting to find out what's next.  Like (it seems) most of y'all, I'm trying to gauge when to give notice on my apartment...don't wanna even WORRY about being homeless but don't wanna pay one dime more than I have to for the 30 day notice either.  BOL to all of you and hopefully I'll be back with an "October Closers" post in the near future :-)

[Anonymous]

So our appraisal came back yesterday and it came in lower than our sales price.we had offered 140,000 and was hoping to wrap our closing costs into the loan and have the sellers pay our closing costs but the appraisal came back at 133,000. After negotiating we agreed to the 133,000 and splitting closing costs. Hopefully no more bumps in the road.

[Anonymous]

Oops I just realized i replied under my husband's account instead of mine. My account is Vol's Girl

[astrobuckeye]

Purchase Price: $280,000
Signed Contract: 9/3/17
Location: NC
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: Conventional
Loan Rate: 3.99%  (Credit Score ~800, 1/2 Point)
Pre-Approval: 9/3/2017
Appraisal: 9/14/17  (15k over purchase)
Clear to Close: TBD
Closing Date: 10/13/17
Closed On: TBD

[Anonymous]

We put in our notice with our landlord after the appraisal came back in our favor and we signed our commitment letter.  Hope that helps to give you a better idea of what to do!

[Anonymous]

Purchase Price: $155,000
Signed Contract: 8/5/17
Location: West Monroe, LA
Property Type: Single-Family Home
New/Existing: Existing (built in 2012)
Type of Loan: USDA Direct
Loan Rate: 3.25%
Pre-Approval: 8/1/17 (Received COE)
Appraisal: 8/31/17 (done) & 9/12/17 (turned in to USDA)

Signed Funding Commitment & Nofification of Loan Closing Docs: 9/21/17

Closing Disclosure received: 10/6/17
Clear to Close: 9/26/17 (received word on 10/11/17 that my CTC was actually issued on 9/26/17!!!)
Closing Date: 10/16/17
Closed On: 10/16/17 - It was a very pleasant experience.