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USDA Home Loan Progress *Update *CLOSED!!!!

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HindSight_20_20
Frequent Contributor

Re: USDA Home Loan Progress *Update YES!


@maluba wrote:

Congrats!


Thanks Maluba!


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Message 11 of 17
MovingForward_2012
Valued Contributor

Re: USDA Home Loan Progress *Update *CLOSED!!!!

CONGRATS!!! How exciting! When are you moving in?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014
Message 12 of 17
HindSight_20_20
Frequent Contributor

Re: USDA Home Loan Progress *Update *CLOSED!!!!


@MovingForward_2012 wrote:
CONGRATS!!! How exciting! When are you moving in?

Thanks! All moved in (actually moved in on the 27th) straight from the closing office to the U-Haul truck!   I actually enjoyed the process, it was easy and the availability of housing for the program with price limits is really pretty generous.  I will say this, the hardest part is not the 'waiting', but the 'not knowing' WHEN your file is going to be cleared by USDA. Other then that - it was and is a very easy and relatively smooth process.


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Message 13 of 17
Anonymous
Not applicable

Re: USDA Home Loan Progress *Update *CLOSED!!!!

That is awesome.  Congratulations!  One of the fastest USDA turnarounds I have ever heard of to be honest.  My wife and I just got the 'approved' notice from our lender yesterday.  Appraisal is coming together right now, and then I believe we are off to the USDA.  No idea how long that's going to take, but the lender said our regional office is processing apps from 11/17 right now.  Gonna be a long 6 weeks, but I am hoping with the couple long holidays that there won't be a lot of applications for 6-10 days in that range.  

Message 14 of 17
FLAJenn
Regular Contributor

Re: USDA Home Loan Progress *Update *CLOSED!!!!

Did you go guaranteed or direct?

Message 15 of 17
HindSight_20_20
Frequent Contributor

Re: USDA Home Loan Progress *Update *CLOSED!!!!


@Anonymous wrote:

That is awesome.  Congratulations!  One of the fastest USDA turnarounds I have ever heard of to be honest.  My wife and I just got the 'approved' notice from our lender yesterday.  Appraisal is coming together right now, and then I believe we are off to the USDA.  No idea how long that's going to take, but the lender said our regional office is processing apps from 11/17 right now.  Gonna be a long 6 weeks, but I am hoping with the couple long holidays that there won't be a lot of applications for 6-10 days in that range.  


You know Slappy72, the USDA process is not long considering how many apps they get and the size downs in the office staff - IMO the underwriters take you through more red-tape then USDA. I mean we were in and out of there within about 20days WITH Holidays both Thanksgiving AND Christmas.  I know things will go smoothly for you also.


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Message 16 of 17
HindSight_20_20
Frequent Contributor

Re: USDA Home Loan Progress *Update *CLOSED!!!!


@FLAJenn wrote:

Did you go guaranteed or direct?


Hey FLAJenn,

We went guaranteed - through our L/O. 


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Message 17 of 17
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