Credit Card Center Advertiser Disclosure

Reply
Established Member
Posts: 18
Registered: ‎05-12-2017
0 Kudos

September 2017 Closers

Hey everyone! I figured I would get the thread going for September closers:

 

Purchase Price: $199,900

Signed Contract: 7/25/17
Location: MD
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: 30YR Fixed FHA  - Project Reinvest $10,500 DPA/closing cost grant
Loan Rate: 3.50%
Pre-Approval: 8/1/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/15/17
Closed On: TBD

 

 

I am so excited to be at this point, but I am also a little bit worried about the appraisal. It is a complete gut rehab flip so I have to do two FHA appraisals. There aren't really any direct comps (this isn't a neighborhood that has a lot of flips or investor activity going on) But I have my fingers crossed?

 

Good luck to all you September closers out there!

Member
Posts: 5
Registered: ‎03-31-2014
0 Kudos

Re: September 2017 Closers

Purchase Price: $195,000
Signed Contract: 8/1/17
Location: FL
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: 30YR Fixed USDA
Loan Rate: 4.25%
Pre-Approval: 7/5/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/14/17
Closed On: TBD

 

I've been lurking on here for months. Smiley Happy So glad to finally post this. Home inspection scheduled for 8/7/17. Really anxious!

Member
Posts: 12
Registered: ‎05-16-2017
0 Kudos

Re: September 2017 Closers

Purchase Price: $145,000
Signed Contract: 07/31/17
Location: WV
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: 30YR Fixed USDA
Loan Rate: 4.25%
Pre-Approval: 7/15/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/15/17
Closed On: TBD

Had our home inspection on 8/2/17 and everything was good to go. No issues at all!! So excited!!
Visitor
Posts: 8
Registered: ‎05-21-2017
0 Kudos

Re: September 2017 Closers

Purchase Price: $252,030
Signed Contract: 4/20/2017
Location: GA
Property Type: Single-Family Home
New/Existing: New Construction
Type of Loan: 30YR Fixed FHA
Loan Rate: 3.50%
Pre-Approval: 4/20/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/15/17
Closed On: TBD
Established Member
Posts: 18
Registered: ‎05-12-2017
0 Kudos

Re: September 2017 Closers

So just a little update - got my loan approved and grant approved today!!! All we are waiting on is for the seller to address the repair requests and for the two FHA appraisals. Everything has been moving forward a LOT faster than anticipated so we are now shooting to close by the first week of September. Fingers crossed!!!

Member
Posts: 12
Registered: ‎05-16-2017
0 Kudos

Re: September 2017 Closers

Update...everything went quicker than planned and we are clear to close September 8,2017. Whew! Glad to be through that and looking forward to our new home in just one month!!
New Member
Posts: 3
Registered: ‎04-24-2017
0 Kudos

Re: September 2017 Closers

Hi all! I posted back in the July closers forum about a house we were buying...but that fell through because it ended up in a bankruptcy 😒 But I'm back with a new closing date on an even nicer home! Here's the details 

 

Purchase Price: $357,000

Signed Contract: 7/22ish/17

Location: Alaska

Property Type: Single-Family Home

New/Existing: Existing

Type of Loan: 30yr Fixed FHA

Loan Rate: 4.125%

Pre-Approval: July-sometime late July I believe? 

Appraisal: TBD--ordered

Clear to Close: TBD

Closing Date: 9/5/17...but expecting it to be sooner!

Closed On: TBD

 

 

 

 

Established Contributor
Posts: 634
Registered: ‎11-10-2014
0 Kudos

Re: September 2017 Closers

Purchase Price: $251,000

Signed Contract: 8/8/2017
Location: MA
Property Type: Single-Family Home
New/Existing: Existing
Type of Loan: 5/5 ARM (100% Financing)
Loan Rate: 5.25%
Pre-Approval: 8/5/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/8/17
Closed On: TBD

 

Inspection coming up early next week. High rate due to 100% financing and wife's 682 mid-score. All going well so far!

NFCU-Capital One-Chase-Discover-AMEX-Costco-Store cards
Total CL: 150k+
Established Member
Posts: 18
Registered: ‎05-12-2017
0 Kudos

Re: September 2017 Closers

Congrats to all the newcomers here!

 

I just got my first appraisal back and it's $5k OVER!!!! I'm so relieved. I still have to wait for the second one to come back, but this is a really good sign.

 

As soon as that second one comes back we can schedule a closing date and I can put in my notice to my apartment. It's almost here!

Valued Member
Posts: 31
Registered: ‎07-30-2015
0 Kudos

Re: September 2017 Closers

[ Edited ]

Purchase Price: $349,900

Signed Contract: 8/10/2017
Location: NC
Property Type: Single-Family Home
New/Existing: New Construction
Type of Loan: 30YR Fixed Conv
Loan Rate: 4.3
Pre-Approval: 5/22/17
Appraisal: TBD
Clear to Close: TBD
Closing Date: 9/14/17
Closed On: TBD

 

Loan rate is high because of utilization (mid mortgage score is 674). Will be paying it down this week so i can get a better rate. Should put me closer to 4.0.

 

 

Score: 08/15/2015: 575
First Look (07/30/3015): 567
Short Team Goal (05/31/2016): 620+
Long Term Goal: 850

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.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.