December 2013 Closers!!

[Panamanian]

Home Location: Houston, Texas
Purchase Price: $148k
Property: SFH - 2400 sq ft
Submitted Offer on: November 4
Signed Contract on : November 5
Lender Name: CU Members

Notes about Lender: Speedy Process, and Great processor

Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4
Loan Application submitted: November 4, 2013
Processing: November 7, 2013
Appraisal Ordered:   November 11, 2013
Appraisal Completed: November 12, 2013
Underwriting:   November 15, 2013
Loan Approved w/conditions:   November 15, 2013
Final Approval:   November 19, 2013

Closing Date:   December 3, 2013
CLOSED: December 3, 2013 Yay!

[jamiii]

Home Location: San Antonio, Texas
Purchase Price: $242K
Property: SFH - 2750 sq ft
Submitted Offer on: 10/27
Signed Contract on : 10/30

Lender Name: Broker

Type of Loan: FHA 30 Yr Fixed
Loan Rate: 3.75
Closing Date: December 11

CLOSED:

Realtor set closing late due to the holidays, but broker thinks he'll have everything done by 11/15.  He ordered the appraisal on 11/5. 

So now we wait.

[Target1212]

Home location: Howell, MI
Purchase price: 147,900
Property : SFH. 1600 sq ft
Submitted offer: Oct 29th
Signed contract: Nov 1st
Lender: USDA
Type of loan: USDA 502 Direct
Loan rate: 3.75
Closing date: Dec 15th

No huge issues with the mortgage people, however this has overall Benn, and still is, horribly stressful! A person still lives in this home and communication has been horrible. I can't get the foundation inspected yet because of this, I'm so scared !"

[C_DUBYA]

Home Location: Mason, MI
Purchase Price: $184900
Property: SFH - 2200 sq ft
Submitted Offer on: November 5
Signed Contract on : November 6
Lender Name: Dont want to recommend yet...
Notes about Lender: So far working hard for me and quickly!
Type of Loan: FHA 30 Yr Fixed
Loan Rate: 4.9
Loan Application submitted: November 4
Loan Approved w/conditions: November 6
Processing: November 8

Appraisal Ordered: November 11th
Appraisal Completed: November 15th

Commitment Letter: November 18th
Underwriting: November 20th (Slight delay due to UW being off Thanksgiving week)
Final Approval: December 13
Closing Date: December 17
CLOSED:

[Panamanian]

My file went into underwriting and approved with one condition in less then 8 hours...so unbelievable....processor said if I submit loe on Monday we could possibly close on Friday the 22nd.

Updated: Well I could have closed this thursday..but the sellers want to stick with the original contract closing date because there loan process is dragging on....sucks...but got to be patient.

[meesh6036]

Home Location: Port Orchard, WA
Purchase Price: $399k
Property: SFH - 3450 sq ft
Submitted Offer on: October 30th
Signed Contract on : November 5th
Lender Name: Guild Mortgage
Notes about Lender: Don't know yet, easy so far. 
Type of Loan: FHA 30 Yr Fixed
Loan Rate: Not sure ye
Loan Application submitted: October 20th
Processing: November 15th
Appraisal Ordered:November 12th
Appraisal Completed: November 13th
Underwriting: Will go November 18th
Loan Approved w/conditions:
Final Approval:
Closing Date: December 5
CLOSED:

Started with a conventional, went through UW and got kicked back due to a mortgage insurance denial. Now trying for FHA, they said we were approved/eligible by the computer but I am super nervous. 

[H-Town_Tider]

• Home Location: Rosharon, TX (suburb outside of Houston)
• Purchase Price:  $281,500
• Property: SFH - 2,999 Sq. Ft.
• Submitted Offer on: 9/19/13
• Builder’s Name: Westin Homes
• Start of construction: 7/13 (we are buying a home that the builder was building)
• Signed Purchase Contract on : 9/22/13
• Lender Name: AMCAP Mortgage, Ltd.
• Notes about Lender: So far so good.
• Type of Loan: FHA 30 Year Fixed
• Loan Rate: 4.25 (should lock this week)
• Loan Application submitted:  11/15/13
• Loan Approved w/conditions: TBD
• Final Approval: TBD
• Appraisal Ordered: TBD
• Appraisal Completed: TBD
• Closing Date: 12/16 
• CLOSED:

[H-Town_Tider]

• Home Location: Rosharon, TX (suburb outside of Houston)
• Purchase Price:  $281,500
• Property: SFH - 2,999 Sq. Ft.
• Submitted Offer on: 9/19/13
• Builder’s Name: Westin Homes
• Start of construction: 7/13 (we are buying a home that the builder was building)
• Signed Purchase Contract on : 9/22/13
• Lender Name: AMCAP Mortgage, Ltd.
• Notes about Lender: So far so good.
• Type of Loan: FHA 30 Year Fixed
• Loan Rate: 4.25 (should lock this week)
• Loan Application submitted:  11/15/13
• Loan Approved w/conditions: TBD
• Final Approval: TBD
• Appraisal Ordered: TBD
• Appraisal Completed: TBD
• Closing Date: 12/16 
• CLOSED:

[tcrutchf]

Home Location: Acworth, GA, just north of Atlanta
Purchase Price: $148,000
Property: Townhouse - 2200 sq ft
Submitted Offer on: June 15 (New Construction)
Signed Contract on : June 15

Builder Name: D.R. Horton
Lender Name: Evolve Bank & Trust
Notes about Lender: No issues so far. 
Type of Loan: FHA 30 Yr Fixed - Georgia Dream Program
Loan Rate: 4.125
Loan Application submitted: October 5
Appraisal Ordered: November 26
Appraisal Completed: December 4
Underwriting: December 6
Loan Approved w/conditions: December 10
Final Approval:
Closing Date: December 27
CLOSED:

[ecalmese]

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I'm happy and envious of each and everyone person on here! Good job getting a new home. i know its not easy. i cant wait til i can post! hoping i make it before the new rules. if its after january 2014 i hope i qualify under the new rules.

[Panamanian]

what new laws are taking effect?