I am going to be a nervous wreck until this is over!! Anyone out there that help me through this??? Here it is...I called LO on 7/22 after depositing the $10,000 gift money from Mom to try and see where we were at....did we need to pay something off, wait or did we have the green light??. (Of course after asking here) We otherwise have little "savings" but are going VA. My scores are 637, 619, 667 husband's 614, 619, 639. I have no lates from almost 2 years, husband no lates as of this month for 1 year. We make almost $100,000 a year and are underagreement to purchase a home for $244,000 that puts us at 22/41 DTI with car payments, student loans, CC's and child support. I had to provide proof of a dismissal (or payments) for a judgement from 2003 which I did. I am just soooo nervous that something will "go wrong". We qualify with a 619 according to LO. Home inspection is Monday, but the house already went through all of this two months ago and the sale fell through....I just don't want this to happen to us!! When I met with LO to sign all of the paper to submit our application to UW he said the bank he works with still approves down to 580 so 619 is not an issue, plus it's VA. Everyone is all smiles and I am a nervous wreck!!! What does pre-approval really mean....and anyone have it fall through....or have great uplifting message??? How long does it take to hear?? I feel like I am writing all of these checks for deposits and inspections and how do I know it's for real?? Aghhhhh anyone out there??
