topic Re: OCTOBER 2013 CLOSERS !! in Mortgage Loans

OCTOBER 2013 CLOSERS !!

Anonymous — Thu, 24 Oct 2013 13:36:29 GMT

No one closing in October yet around here but I have hope for the end of it. Final walk through is scheduled for October 25th and we hope we can close the same day or the latest final week of October . I also added 3 new bullets, one for general location of the home,one for Builder's name if new construction and one for Lenders Name, if you don’t want to disclose them that's fine but I think it will help others shop for mortgage:

Home Location: Chicago Area

Purchase Price: $218,505
Property: SFH - 2200 sq ft
Submitted Offer on: June 1st
Builder’s Name: Pulte Homes
Start of construction: July 1st
Signed Purchased Contract on : June 1st
Lender Name: Pulte Mortgage
Notes about Lender: Initial offered higher rate but matched rate from a local Bank
Type of Loan: FHA 30 Yr Fixed
Loan Rate:4.25 (locked 09/17/2013)
Loan Application submitted: 06/02/13
Loan Approved w/conditions: TBD
Final Approval: TBD
Appraisal Ordered: TBD
Appraisal Completed: TBD
Closing Date: 10/29 at 13:00PM
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Thu, 31 Oct 2013 14:58:53 GMT

Still sitting on pins and needles. First walk through scheduled for Oct. 4th. Final walk through scheduled for 2pm on the 11th with closing right after.

Purchase Price: $143200
Property: SFH - 1725sq ft
Submitted Offer on: August 23rd
Start of construction:June 2013
Signed Purchased Contract on : August 28th
Type of Loan: USDA
Loan Rate:4.875(locked 09/5/2013)
Loan Application submitted: August ??
Loan Approved w/conditions: 9/18/2013 pending USDA now
USDA approved 10/25/2013
Final Approval: 10-28-2013
Closing Date: Oct. 11th 4pm probably delayed since USDA has my file and government is shutdown
CLOSED: 10/30/2013

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Fri, 18 Oct 2013 08:24:00 GMT

Hey there! I'm new here, but we're closing in October!!!

Home Location: Georgia

Purchase Price: $123000
Property: SFH - 1645 sq ft
Submitted Offer on: Aug. 26
Builder’s Name: Resell... 6 year old house
Start of construction:
Signed Purchased Contract on : Sept. 4
Lender Name: Wells Fargo
Notes about Lender: LOVE my LO
Type of Loan: FHA 30 Yr Fixed
Loan Rate:4.375 (locked 09/13/2013) - Floated down to 4.25 to cover origination
Loan Application submitted: 09/12/13
Loan Approved w/conditions: 09/20/13 - YAY!!!!!
Final Approval: 10/17/13
Appraisal Ordered: 9/13/13
Appraisal Completed: 9/17/13
Closing Date: 10/18/13
CLOSED: 10/18/13

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Wed, 18 Sep 2013 00:28:08 GMT

Hi guys!! We started the credit repairing process one year ago and are finally within eyesight of the finish line! Phew!! It was a marathon which took a TON of patience, disgusting amounts of stress and at least a boxful of Kleenex to absorb some tears. All that aside, I hope to say in 2 short weeks that it was all worth it. Anywho, here it goes:

Purchase Price: $156,950
Property: SFH - 1462 sq ft
Submitted Offer on: July 7, 2013
Builder’s Name: Palo Verde Homes
Start of construction: July 1, 2013
Signed Purchased Contract on : July 7, 2013
Lender Name: Rocky Mountain Mortgage
Notes about Lender: VERY thorough (especially when it comes to bank statements) but pretty quick
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.5 (locked 08/15/2013)
Loan Application submitted: 07/18/2013
Loan Approved w/conditions: 09/13/2013
Final Approval: Any day now.
Appraisal Ordered: 09/01/2013
Appraisal Completed: 9/16/2013
Closing Date: 10/3 @ ?
CLOSED: soon!

Re: OCTOBER 2013 CLOSERS !!

armywifelong03 — Wed, 18 Sep 2013 02:20:28 GMT

Maybe, but not likely, LOL. One can hope! We are flying to DFW for a week of househunting on Sat, so we are so excited! We are also going VA, so I know the delays there, but I just thought it would be fun to think that I could POSSIBLY close in Oct.

Re: OCTOBER 2013 CLOSERS !!

krenee2525 — Wed, 18 Sep 2013 19:44:01 GMT

This has been the most stressful, longest process I've ever been through! The loan approval part of it was pretty straight forward and quick....but the building process has been an absolute nightmare! I guess if I had gone with a bigger builder instead of a small privately owned one I wouldn't be griping as much, but who knows! Below are my details:

Home Location: North Dallas Area

Purchase Price: $188,445
Property: SFH - 1610 sq ft
Submitted Offer on: April 16th
Builder’s Name: Cheldan Homes (small private builder)
Start of construction: June 19th
Signed Purchased Contract on : April 16th
Lender Name: SWBC Mortgage
Notes about Lender: Preferred lender for Cheldan Homes. Very easy to work with and very responsive.
Type of Loan: USDA 30 Yr Fixed
Loan Rate:4.625 (locked 08/22/2013)
Loan Application submitted: 07/26/13 - SWBC, 7/30/13 - USDA
Loan Approved w/conditions: 8/21/13
Final Approval: TBD
Appraisal Ordered: 7/31/13
Appraisal Completed: TBD
Closing Date: I hope before the end of October
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

armywifelong03 — Fri, 27 Sep 2013 23:05:46 GMT

IF we close on time, we will be October closers by the skin of our teeth!

Location - Fort Worth/Saginaw, TX area
Purchase Price: $182,000
Property: 2477 sq ft
Submitted Offer on: 09/24/2013
Start of construction:N/A
Signed Purchased Contract on : 09/25/2013
Type of Loan: VA loan
Loan Rate:4.25% locked 9/26/13
Loan Application submitted: 9/26/13
Loan Approved w/Conditions:
Final Approval:
Appraisal Ordered: 9/26/13
Appraisal Completed:
Closing Date: 10/31/2013
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Sat, 28 Sep 2013 01:02:08 GMT

Home Location: Manatee Florida

Purchase Price: $235,000
Property: SFH - 3240 sq ft
Submitted Offer on: March 29, 2013
Builder’s Name: Pulte Homes
Start of construction: July 3
Signed Purchased Contract on : March 29, 2013
Lender Name: Pacific Union FInancial
Type of Loan: FHA 30 Yr Fixed
Loan Rate:4.25 (locked 09/23/2013)
Loan Application submitted: 03/29/13
Loan Approved w/conditions: 05/08/13
Final Approval:
Appraisal Ordered: Sept 20
Appraisal Completed:
Closing Date: 10/3 11 am
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

usofascott — Sat, 28 Sep 2013 04:38:30 GMT

Home Location: Bexar County, TX

Purchase Price: $195,300
Property: SFH - 2150 sq ft
Submitted Offer on: May 30, 2013
Builder’s Name: Stellar Homes
Start of construction: July 8
Signed Purchased Contract on : May 30, 2013
Lender Name: Cornerstone Home Mortgage
Type of Loan: USDa 30 Yr Fixed
Loan Rate:4.375 (locked 09/23/2013)
Loan Application submitted: 8/09/13
Loan Approved w/conditions: 08/28/13
Final Approval: 09/24/13
Appraisal Ordered:
Appraisal Completed:09/13/2013
Closing Date: Scheduled for 10/9/2013 (but i dont think the house will be finished in time. We had 1 week plus of rain that has delayed the final stonework and final stucco on the house) guessing more about 10/15/2013
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

Linr — Sat, 28 Sep 2013 20:33:19 GMT

We're supposed to close October 23rd and have an FHA, does anyone know what will happen if the Government shutdown occurs? We worked so hard, like most of you, to pay off credit cards and save, and I will be so bummed if it is delayed. Thanks!

Re: OCTOBER 2013 CLOSERS !!

Panamanian — Sat, 05 Oct 2013 20:45:49 GMT

Purchase Price: $150k
Property: SFH - 2481 sq ft
Submitted Offer on: Sept 18
Signed Purchased Contract on : Sept 18
Type of Loan: Fha
Loan Rate:4.5(locked 09/19/2013)
Loan Application submitted: 09/18/2013
Loan Approved w/conditions: TBD
Final Approval: TBD
Appraisal Ordered: 09/25/2013
Appraisal Completed: 09/30/2013
Closing Date: Oct. 11 4pm
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

kimmiller112 — Sat, 19 Oct 2013 04:32:36 GMT

UPDATE:

Home Location: Bluffton, SC

Purchase Price: $199,000
Property: SFH - 1840 sq ft
Submitted Offer on: 09/17/13
Builder’s Name: N/A
Start of construction: was built in 2000
Signed Purchased Contract on : 09/18/13
Lender Name: Guild Mortgage
Notes about Lender: great to deal with, very fast response time to calls/emails
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.50 (locked 10/01/2013)
Loan Application submitted: 09/19/13
Loan Approved w/conditions: 09/30/13
Final Approval: 10/14/13
Appraisal Ordered: 09/20/13
Appraisal Completed: 09/30/13
Closing Date: aiming for 10/18/13, contract says by 10/31/13, nothing set for sure yet
CLOSED: 10/18/13 9:00 am but paperwork ended up being incorrect so I didn't know for sure until 5:00 pm - no keys handed over, but that is ok because the seller let me have a copy of the key a couple weeks ago so I could measure rooms before closing

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Thu, 03 Oct 2013 21:11:27 GMT

Our LO says that it may not delay anything because FHA is automated. We're nearing the end, so we'll see what happens. We just submitted the VOE today after a delay because my husband works for DoD and is currently furloughed, but we were able to get it and if it gets in and approved by tomorrow, then we'll be able to close next week.

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Wed, 09 Oct 2013 11:53:09 GMT

Home Location: Lexington, Ky
Purchase Price: $124,600
Property: SFH - 1375 sq ft
Submitted Offer on: 09/16/13
Builder’s Name: N/A
Start of construction: was built in 1969
Signed Purchased Contract on : 09/17/13
Lender Name: American Mortgage
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.73 (locked 09/18/2013)
Loan Application submitted: 09/17/13
Loan Approved w/conditions: 09/21/13
Final Approval: 10/08/13
Appraisal Ordered: 09/27/13
Appraisal Completed: 10/01/13
Closing Date: aiming for 10/25/13, moved up yesterday to 10/15/13 at noon!!
CLOSED:

Re: OCTOBER 2013 CLOSERS !!

armywifelong03 — Tue, 15 Oct 2013 02:55:43 GMT

UPDATED!

IF we close on time, we will be October closers by the skin of our teeth!

Location - Fort Worth/Saginaw, TX area
Purchase Price: $182,000
Property: 2477 sq ft
Submitted Offer on: 09/24/2013
Start of construction:N/A
Signed Purchased Contract on : 09/25/2013
Type of Loan: VA loan
Loan Rate:4.25% locked 9/26/13
Loan Application submitted: 9/26/13
Loan Approved w/Conditions: 10/8/2013
Final Approval: 10/11/2013
Appraisal Ordered: 9/26/13
Appraisal Completed:10/2/2013
Closing Date: 10/31/2013/CHANGED TO 10/30, WITH US SIGNING ON THE 28TH WITH A MOBILE NOTARY. GOT OUR CLEAR TO CLOSE 10/11/13
CLOSED:

ONLY ONE STEP LEFT!

Re: OCTOBER 2013 CLOSERS !!

kimmiller112 — Tue, 15 Oct 2013 03:59:51 GMT

@kimmiller112 wrote:

Home Location: Bluffton, SC
Purchase Price: $199,000
Property: SFH - 1840 sq ft
Submitted Offer on: 09/17/13
Builder’s Name: N/A
Start of construction: was built in 2000
Signed Purchased Contract on : 09/18/13
Lender Name: Guild Mortgage
Notes about Lender: great to deal with, very fast response time to calls/emails
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.50 (locked 10/01/2013)
Loan Application submitted: 09/19/13
Loan Approved w/conditions: 09/30/13
Final Approval: TBD
Appraisal Ordered: 09/20/13
Appraisal Completed: 09/30/13
Closing Date: aiming for 10/19/13, contract says by 10/31/13, nothing set for sure yet
CLOSED:

Some notes on mine: waiting for the termite report. Not sure when it was ordered or done, but whoever did it is in the process of writing up the report. Was supposed to be in Friday, so I'm hoping it will be in tomorrow. Haven't gotten final approval yet, but LO says that should be in tomorrow as well. Title search is done and all closing documents are completed. So close to being done with this and I can't wait. I should be good to go for 10/18 closing.

Re: OCTOBER 2013 CLOSERS !!

Cracka — Tue, 15 Oct 2013 12:52:04 GMT

Hello everyone, I'm an October 1 closer, but thought I'd still share my info to help the users on this forum. I've successfully rebuilt my credit as you can see from posts on other boards earlier this year. I'm so happy!

Location: Boston, MA

Purchase Price: $549,900

Property: SFH - 2128 sq ft
Submitted Offer on: August 28

Signed Purchased Contract on : August 28

Type of Loan: FHA

Loan Rate:4.625 (locked 09/02/2013)
Loan Application submitted: 08/28/2013
Loan Approved w/conditions: YES, $550k

Final Approval: $523,915

Appraisal Ordered: 09/24/2013
Appraisal Completed: 09/24/2013
Closing Date: Oct.1@ 12 noon
CLOSED: Oct 1 @ 12 noon

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Thu, 17 Oct 2013 16:34:07 GMT

@Cracka If you dont mind who's your lender and few notes about them. Thank you

Re: OCTOBER 2013 CLOSERS !!

Anonymous — Thu, 17 Oct 2013 16:33:27 GMT

armywifelong03 Who is you lenderif not secret and few notes about them?

Re: OCTOBER 2013 CLOSERS !!

armywifelong03 — Sat, 19 Oct 2013 13:14:01 GMT

We are going through Veterans United. Our LO has been amazing and very informative.