Navy Federal Homebuyers Choice.......waiting on final closing disclosure and "CTC"

[TheFeagster]

Okay so here is the breakdown:

Did my pre-approval on April 30th...was autoapproved at 200k 30 year homebuyers choice conventional loan.

After 7 houses put an offer in for one on 5/8....out bid by a cash buyer

moved on to see 25 more houses in less than 3 weeks.

On 5/28 previous offer came back, the cash buyer dropped out.

6/5 inspection was completed

6/18 appraisal was completed. We bid under what the house was worth (yay)

They asked for alot of paperwork, but nothing too ridiculous. Our mortgage officer is VERY unresponsive, so I have to stay on her and the processor.

Currently waiting on the final closing disclosure which we need to have by THIS thursday to be in compliance with the 3 day rule....

Settlement slated for This Monday, July 15th! I am soooooo anxious

And of course the Clear to close. Reached out to the processor he states that everything is still with the underwriter and as soon as he gets, he will send it to me. (Im hoping thats a good sign)

Me and dear husband both have pretty okay scores (mortgage middle score 690) and maybe 18% dti between us but a less than perfect profile. Our processor doesnt seem worried so i am trying not to be

[Anonymous]

Good luck! Hope you get everything as planned & close on Monday!

Thanks for the detail (and response on my thread). Such a nerve-wracking experience when you have a less than stellar credit history...I know!

Let us know how the next few days go. Hopefully by this time next week you’ll be celebrating your new house!

[TheFeagster]

Yes, thank you! I am working super hard this week trying to keep my mind busy...clearly not working since im on here lol

[jules0580]

Did you get the CTC?  We just started our process with NFCU and Im on pins and needles

[TheFeagster]

Yes, we received our Clear to close and closing disclosure last night at 10pm 2 hours before the deadline for 3 day disclosure law!! Still scheduled for settlement Monday. I’m at ease....... a little lol

[jules0580]

Congrats! I know my previous purchase (first house) i didn't feel totally at ease until we walked out of closing with the keys! This is feeling the same for me lol

[TheFeagster]

Finally received the clear to close & closing disclosure on late Thursday night. Settlement for 10am tomorrow 😬 wish us luck!

[KatieKatie]

Congratulations!!!

[dizzum]

What rate did you get with a 690 middle score, if you don’t mind sharing?

[Dstro]

I just started my VA process with Navy Fed.  Just passed my 10 day option window.  The inspection is already complete, and they pulled the funds from my CC for the appraisal.  My Loan Officer is responsive, but I have not heard from the processor since the inital message she sent me and that is a week ago.  THis process is stressing me out!