Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
Re: January and February

tshope4205 wrote:

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 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

Congrats on your hard work to get approved.


Enjoy your new home

Good Luck
May all your dreams and wishes become a reality!