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Ok now what's next??? pre approval first time program which step first

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Anonymous
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Re: Ok now what's next??? pre approval first time program which step first

My middle score is 722 is that good enough or should I wait? 

Message 11 of 16
Anonymous
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Re: Ok now what's next??? pre approval first time program which step first

Reading some info on application I see good faith deposit of $500 Is this something I pay just for letting them pre approve me? If I decide to go with someone elses pre approval and offer I do not have to payt his correct? I will see if I can get through tomorrow but just wanted to try here first. Thanks 

Message 12 of 16
Anonymous
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Re: Ok now what's next??? pre approval first time program which step first

Its been three days I don't have an anser from the loan officer. Is this normal? Anyone else wait this long? 

Message 13 of 16
Anonymous
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Re: Ok now what's next??? pre approval first time program which step first


@Anonymous wrote:

Its been three days I don't have an anser from the loan officer. Is this normal? Anyone else wait this long? 


Did you wind up going through SONYMA?

The only better progrram than that seems to be NACA if you can wait around.

 

How was sonyma?

Message 14 of 16
Anonymous
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Re: Ok now what's next??? pre approval first time program which step first

 
Message 15 of 16
Anonymous
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Re: Ok now what's next??? pre approval first time program which step first

SONYMA has a lender website.

 

http://www.nyshcr.org/Topics/Home/Buyers/ParticipatingLenders/

 

Theire achieveing the dream rate is not at 3% and 3.375 if you down payment assistance which does not have to paid off
as long as you keep the mortgage for 10 years.

Message 16 of 16
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