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smileyedna wrote:

• Purchase Price:  $59900
• Property: SFH - 1600 sq ft/ 2 acres
• Submitted Offer on: 11-2-2012
• Signed Purchased Contract on : 11-8-2012
• Type of Loan: 30 Yr Fixed FHA
• Loan Rate: 3.25 = 3.875% APR (with no closing costs)
• Loan Application submitted: 11-8-2012
• Loan Approved Contigent 11-21-2012
• Closing Date: 12-18-2012
• Closed On: ??????
• Lender: PNC

I'm using a zero down FHA 203h Disaster loan.  Its offered for one year after a federally declared disaster (in my case a tornado almost killed the whole family January 2012)  I wasn't eligible to get an FHA loan until June 2012 (24 months out of chapter 7 BK).  I lost my job May 30th, 2012.  I lost my next job August 2012. I moved to New Orleans and was hit by Hurricane Issac August 2012.

I have perfect post BK credit. 4 trade lines, low DTI ratios, and 100 million contingencies to fulfill.

My PITI+MIP will be 40% of my rent in the same neighborhood.

Working for a notoriously volitile employer.

Sitting here a nervous wreck.  lol

It's been one rollercoaster ride of a year.

Whee?

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You've had quite a year- I'll be keeping my fingers and toes crossed that all will work ot well for you.

Purchase Price:  $108
Property: 1505 sq 3bed 2 bathroom
Signed Purchased Contract on : 9/27/2012
Type of Loan: 30 Yr Fixed FHA
Loan Rate: 3.5%
Closing Date: November 7th

I had $6000 from seller, $5300 from bond 89 and also Mortgage certificate (MCC) which give me a credit back of 30% of the interest paid on tax time.
I had a credit back of $1030 at closing.
I will apply for homestead this January.

I was also bless with my baby girl on December 4. So I been very blessed this year

• Purchase Price:  $205700
• Property: SFH - 2265
• Submitted Offer on: 6/21/2012 new construction
• Signed Purchased Contract on :6/21/2012
•  Type of Loan: FHA
• Loan Rate: 3.25%
• Loan Application submitted:  10/09/12
• Loan Approved: 11/20/2012 with minor conditions
• Closing Date: November 30th
• Closed On: November 30th!!!
• Lender Regions Bank

Hi,

quick question.

 

I signed, my contract on Nov 4th, then foundation will be complete next week 12/15. I was told by my Mortgage broker that closing will be in April 15th.

 

How many days prior to closing date, do they usually ask for bank statemnts to verify funds for closing costs + down payment and when do they pull their credit report again.

 

Thanks,

Long time lurker, first time poster. I held off on posting until I heard those 3 magic words. Just got the phone call and we are Cleared To Close!!! 

 

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Mommyrambles wrote:

Long time lurker, first time poster. I held off on posting until I heard those 3 magic words. Just got the phone call and we are Cleared To Close!!! 

 

• Purchase Price:  $277,900
• Property: SFH - 3216 sq ft
• Submitted Offer on: 11-15--2012
• Signed Purchased Contract on : 11-16-2012
• Type of Loan: 30 Yr Fixed VA
• Loan Rate: 3.25
• Loan Application submitted: 11-16-2012
• Loan Approved: 11-29-2012
• Closing Date: 12-14-2012
• Closed On: Just got CTC for the 14th!
• Lender: NFCU

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what were your scores if u don't mind me asking?

Sure. my husband and I were both mid-scores in the 690's.

 

11/6:  preapproval

 

11/12: put in offer 106,000.  

 

1501 sq ft with pool.  7 yrs old

 

11/14: fannie mae accepted offer

 

11/28: approved for underwriting with conditions, just needed a few LOE's and appraisel

 

11/30: appraisel

 

12/4: appraisel came in at 101,000

 

12/6: fannie mae accepts appraisel price

 

12/12: back to underwriter

 

12/13 Clear to Close!!!

 

12/18: Close!

 

Lender: Veterans United

 

Thanks to everyone on the my fico board for all the help!

 

 

 

 

 

 

 

 

You can't claim to close before the closing date!

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smileyedna wrote:

You can't claim to close before the closing date!

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lmao