Reply
New Contributor
hopefulKT
Posts: 74
Registered: ‎06-11-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

Thanks :smileyhappy: Ohio is pretty backed up as well...my app was submitted on November 8th (a full month ago). We also have had to ask for extensions from the seller. I hope that we both hear something soon :smileyhappy: The USDA process is not for the weak, that's for sure!

Starting Score: EQ 559 (June12)
TU 651 (spouse) (June12)
November12 score (Equifax myfico):
Me: 646
Spouse: 691
Getting ready to close on our first home :smileyhappy:
Regular Contributor
jeffg330
Posts: 172
Registered: ‎05-31-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!


hopefulKT wrote:

UPDATE: Loan Officer just emailed me a page to sign and send back to her ASAP. The form is the RD 1980 (the lenders request to USDA for commitment). Not sure where that got flubbed up at; but she says USDA is waiting for it and that we should still hear back from them today. So stressed!!!


Sounds like your processor or LO are not so thorough hoefulkt. At any rate you ought to get approval today and not suffer through another weekend of anxiety! I'm off to go close, please let us know what happens



Starting Score: EQ 609 EX 570 TU 656 March 2012 CH 7 BK 12/08
Current Score: EQ 691 EX 694 TU 713
Goal Score: all 3 700's.
Quicksilver $5000 Discover IT $1500 Barclays NFL $1250 Walmart $1500 CL Applied Bank $300 (secured)

Take the FICO Fitness Challenge

In the Garden till 12/14
Member
pirulin
Posts: 30
Registered: ‎12-05-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

:smileyvery-happy: My LO just call me and told me that USDA is working on my file now they just need some paper and she just send it OMG IM so happy !!!!!!!

New Contributor
hopefulKT
Posts: 74
Registered: ‎06-11-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

wahooo!!!!!!!!! That's awesome! Congrats!

Starting Score: EQ 559 (June12)
TU 651 (spouse) (June12)
November12 score (Equifax myfico):
Me: 646
Spouse: 691
Getting ready to close on our first home :smileyhappy:
Member
pirulin
Posts: 30
Registered: ‎12-05-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

Hope that by Monday we're clear to closed:smileyvery-happy:

New Contributor
hopefulKT
Posts: 74
Registered: ‎06-11-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

update: Our USDA office closes at 4:30...and they haven't issued a conditional commitment yet...another weekend will be spent anxiously waiting. :/

Starting Score: EQ 559 (June12)
TU 651 (spouse) (June12)
November12 score (Equifax myfico):
Me: 646
Spouse: 691
Getting ready to close on our first home :smileyhappy:
Member
pirulin
Posts: 30
Registered: ‎12-05-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

Well today Monday December 10, 2012 in Florida USDA is working on Files from 10-26 to 11-10

New Contributor
hopefulKT
Posts: 74
Registered: ‎06-11-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

In Ohio they've received all of the signatures and additional docs they requested...now we're patiently waiting for them to turn it around. So nervous! Hopefully this will be our week pirulin!

Starting Score: EQ 559 (June12)
TU 651 (spouse) (June12)
November12 score (Equifax myfico):
Me: 646
Spouse: 691
Getting ready to close on our first home :smileyhappy:
Member
pirulin
Posts: 30
Registered: ‎12-05-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

Thanks hopefully !! Me too I just waiting for the clear to close maybe today they will let me know if not probably tomorrow :smileyvery-happy:

Member
pirulin
Posts: 30
Registered: ‎12-05-2012

Re: USDA Guaranteed (FL) Loan File Review Progress UPDATE!!

My husband and I  are happy we been waiting for ever , first the shortsale approval , then to clean the UW and finally USDA We start this process back on June 2012 not counting that we have last year (Oct. 2011) another house and the short sale was not approved . We were waiting for that approval for 4 months but we are glad that was not approved because the house that we have now is 100% better and ready to move in thanks God


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+