Re: January and February
01-10-2013 08:28 AM
So excited now! Found house in late October - however, my mid-score was only 570ish - couldn't get loan. Went crazy trying to pay down cards & remove negatives....got my score up to 649 mid, and was pre-approved for loan in early December!! The house is very well-maintained, but cosmetically needs A LOT Of updating, but we are excited to put in the work ourselves & build equity over the long run....The house has a ton more space than our previous home, and the layout is great!
Purchase Price: $264,500
Property: Single Family Home in one of the best school districts in our city!, 4 bd, 2 1/2 ba, 2600 sq ft + 1000 sq ft fnished basement, and 3 season room off of family room/kitchen.
Toured house : 10/29/2012
Submitted offer on: 12/17/12
Signed Purchased Contract On : 12/19/2012
Type of loan: FHA
Loan rate: 3.25%
Loan application submitted: 12/19/12
Loan approved: waiting on 401k check & chimney inspection to see if we want to request additional repairs, but all other conditions have been signed off on.
Closing date: hopefully 1/23/13
Closed on: n/a
Starting Score: 534 (10.30.12)
Current Score: 649 (12.9.12)
Goal Score: 700
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