12-21-2012 11:43 PM
12-21-2012 11:48 PM
12-22-2012 01:53 AM
I read it, your LO should be holding your hand every step of the way. Looks like you've done what you can do. Hopefully this will be a done deal. Wishing the best and a Merry Christmas.
12-22-2012 08:52 AM
You are on your way. I went USDA Guaranteed in Alabama and once I put a contract on a home everything went relatively quick after that. With appraisal, inspection,Lender Underwriting and USDA Underwriting it took approximately one month. What helped was the fact that what ever documentation that was requested I had it to them immediately, Some of the stuff was fustrating but well worth the headache once you close and move in, so don't be afraid because any prize is worth the fight.
Happy Home Buying
12-22-2012 09:54 AM
12-22-2012 12:16 PM
leppy I just want to say you're not alone. I'm in a similar situation, although it's my husband who can't qualify, and I am carrying the entire burden of securing the mortgage myself. Mine is an FHA loan.
At this point things are running smoothly, but I have a huge (hopefully irrational) fear that when it goes to underwriting they will find something to shoot it down. I am not in a community property state, and from everything I've read they can't use my husbands problems against me, but I still worry. My LO is an angel who is in constant contact. She has worked so hard, I keep telling myself she would't dedicate this much work to something she didn't think would fly. My estimated closing date is on or before January 20th, but I have about 95% of eveything theyve asked for turned in.
The next few days will be hard, everything is at a halt for the holidays. I'm hoping they go into high gear when the holidays over. Best of luck to you, hopefully we will both end our stories with a happy new home!
12-22-2012 12:32 PM
12-23-2012 12:50 AM
@germaine, may I ask who you used as a lender? We're planning on going USDA too and we're also in AL.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.