01-15-2013 01:36 PM
01-16-2013 04:43 AM
Our loan officer called me as soon as her processer got the approval from USDA. After getting the approval; your mortgage company will contact the title company and you (your realtor) to schedule closing--they just have to prepare the paperwork, and then you're good to go. We got the approval from USDA on Wednesday; closed and moved in (we took possession at closing) on Friday. Best of luck! The wait is totally worth it
01-17-2013 11:41 AM
Hoping for some feedback from people in my situation. My file was submitted to USDA in FL on 12/28/12. As of today, they are working on files up to the 26th (so close!). After USDA approves my file, what is next? My realtor said this is just the qualification but it was my understanding that we could set a closing date after we received the approval. Is this correct? Are there more steps after USDA approves your file before you can close? My closing date was originally for Jan 15th so it has been a stressful time.
Thanks for any feedback!