topic Re: Home building in Mortgage Loans

Home building

Warrior2000 — Tue, 17 Feb 2015 22:04:00 GMT

Once the home is built and you receive an occupancyl certificate, how long does financing last? Do you have to go thru the month financing like the way you do for a regular home sale?

Re: Home building

Anonymous — Tue, 17 Feb 2015 23:19:12 GMT

Is this a home you were pre approved for prior to construction?

Re: Home building

Warrior2000 — Wed, 18 Feb 2015 00:01:07 GMT

Yes

Re: Home building

Warrior2000 — Wed, 18 Feb 2015 00:01:55 GMT

We are moving with my parents abd hopefully I'm still married by the time we close but trying to do the least hard time that I can.

Re: Home building

ShanetheMortgageMan — Wed, 18 Feb 2015 16:24:24 GMT

@Warrior2000 wrote:
Once the home is built and you receive an occupancyl certificate, how long does financing last? Do you have to go thru the month financing like the way you do for a regular home sale?

I'm not quite sure what you are asking - how long does the financing last? Do you mean how long does it take to close after the certificate of occupancy is issued? Depending on how far along in the process you are at that time, you could potentially be ready to close within a week or so afterwards.

Re: Home building

Warrior2000 — Wed, 18 Feb 2015 16:36:42 GMT

Your responce answered my question! Thanks Shane

Re: Home building

Anonymous — Wed, 18 Feb 2015 20:13:47 GMT

The Warrior said-

" hopefully I'm still married by the time we close"

ok, I'll bite.

Living with parents gonna be strain I reckon LOL

Re: Home building

mynameainttracy — Wed, 18 Feb 2015 20:14:26 GMT

I think he is joking that living with his parents may take a toll.

Re: Home building

Warrior2000 — Wed, 18 Feb 2015 20:15:29 GMT

Hell on earth

Re: Home building

Anonymous — Wed, 18 Feb 2015 20:16:51 GMT

@mynameainttracy wrote:
I think he is joking that living with his parents may take a toll.

Ok now I'm with y'all. I saw that and went, "man, that's awesome"

Re: Home building

Anonymous — Wed, 18 Feb 2015 20:19:58 GMT

Warrior is dreading the prospects of livin with parents and said-

"Hell on earth"

LMAO

Have y'all told them what's goin on yet?

Re: Home building

Warrior2000 — Wed, 18 Feb 2015 20:20:58 GMT

Yes, spent Tuesday cleaning the room we are going in (wife, two kids) and it was a nightmare!