11-20-2012 06:22 AM
Just a follow up!!
USDA are really moving fast with their files! As of this morning 11/20 they are now reviewing files dated 10/3-10/10!!!
That is a HUGE step from the previous weeks since they were usually on the same files for almost an entire week! They went from 10/3-10/8 yesterday to 10/3-10/10 today Nov 20th! FABULOUS!!
GOOD LUCK EVERYONE!!
11-26-2012 03:37 PM
This forum has been more informative than anything my husband & I have tried to find out. We too are working with DR Horton. We were initally told our closing date would be Oct 31, 2012. The builder informed us they needed to delay us 2 weeks (Initially supposed to finish mid-Oct), so our loan application was also delayed being turned into USDA. It was officially received Nov 5. It took us calling/e-mailing daily to just get it turned in then. The last I had heard was that USDA was taking approx 30-45 days. We are new to the area, and have been needing to rent month to month in furnished housing. We have a newborn son, 2 dogs, and 2 cats. We are now coming upon the end of yet another month, and will also be homeless as of Nov 30. My husbands job was providing temporary housing for us - but we have reached the max time limit of 90 days. We will now have to pay to rent out of pocket. I was really hoping to hear an approval by the end of the month, but it sounds like that definitely won't happen.
Berrios94 - How are you finding out which loan apps they are working on? Is there a number to call?
I know God will provide, but it is a frustrating process! Prayers to everyone waiting to find out when they will be in their home for Christmas - and prayers to find temporary housing in the meantime!
11-27-2012 06:23 AM - edited 11-27-2012 06:26 AM
I am so sorry to hear you too have been having some difficulties with DR Horton.
It has been a MAJOR ride for my husband and I. Since March!! We are FINALLY closing today at 11:00 am and the thought of it just brings tears to my eyes because we have truly been through some major issues with them for "falling asleep beind the wheel" so to speak!! We never thought we were actually going to make it! The lack of communication or misinformation from our loan officer was utterly the worst ever!! BUT, I am THANKFUL to our dear Lord for having been by our side through it all and that we are finally close to holding those precious keys in our hands right before Christmas!!
As Christlike said, the numbers are different for each state. If you are in FL then the USDA hotline here is 352-338-3421. They update daily on what files they are reviewing for that day. This office brought in extra help last week Monday and I must say THAT made a huge difference for us! That is why we were concern they were never going to get to our file in time. Our credit report along with our locked interest rate was set to expire tomorrow!! Whew!! But here we are, anxiously waiting for 11am to get here, sign those papers, and GO HOME!!!
If your file has already been sent to USDA, then all you can do at this moment is wait. Our file was submitted on Oct 9th and they were reviewing files with that date on Nov 19th, we got our phone call on Nov 21st, the day before Thanksgiving! Hang in there and remain optimistic, the nightmare will soon be over and you and your family will eventually be in your new home happy!!! GOOD LUCK!!
GOOD LUCK TO EVERYONE ELSE!!!!!
11-27-2012 08:29 AM
As I type this, I'm praying that you are in the midst of signing all of the final paperwork and collecting the keys to your new home. I just wanted to say congratulations again and thank you so much for being so active here on the boards. God bless and keep you and yours, I pray (keep Him first in your life!)
11-29-2012 06:17 AM
THANK YOU!! My family and I are ecstatic! Our closing went smooth and fast!! I was so emotional after receving the keys to our lovely home, and this was all thanks to our great Lord!! HE IS always first in our lives!!! We will officially be moving in tomorrow since our furniture was not available for delivery until then. I will be enjoying this weekend putting up our first family christmas tree in our new home!!
I pray that your time will come very soon and you too will be able to enjoy the same feeling I had enjoyed at our closing. Thank you again Christlike!!!
Have a wonderful, wonderful, weekend and God Bless!!!
11-29-2012 07:27 AM
11-29-2012 09:21 AM
Hi there ALRob!
"Patience is a virtue", I had to stand by that during this long and frustrating process. I pray that the good Lord will bless you and your family with your home prior to Christmas! I know how important it is as a parent to be able to give something special to your little one
USDA has imporved since they brought in the extra help two weeks ago. If your file was submitted on Nov 5th and USDA is on Oct 26th today, then I do believe there is a possiblity you will be in your new home before Christmas!! Please keep me posted as I enjoy hearing news of others being able to enjoy their new homes!!
I hope you and your family have a wonderful day and God Bless!!!
12-03-2012 07:54 AM - last edited on 12-04-2012 06:28 AM by Shogun
But we are hoping to be in the home that we are trying to buy soon! We still have not been able to get ANY information (at all, zip, zilch, nothing). Our LO says that he has tried to contact the lender to no avail. We don't really understand why we can't get any information, but what can we do (besides rest in the Lord )?
Just wanted to update a little (though really this is probably not helping anyone LOL ). I will update again as soon as we find something out.
Post edited to remove content and link that violates myFICO TOS.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.