November 2020 Closers

[Anonymous]

---

---

@Anonymous wrote:

Still waiting for CD's and a clear 2 close. My broker said last week they would be working on the CD's but nothing yet. I dont think we will be closing in Nov. I want to throw in the towel. I am so stressed out its not even funny. 

---

@Anonymous wrote:

Still waiting for CD's and a clear 2 close. My broker said last week they would be working on the CD's but nothing yet. I dont think we will be closing in Nov. I want to throw in the towel. I am so stressed out its not even funny. 

---

I am stressed to the max with you. Still waiting on underwriting... it has been a week today. They have a 10 day ticker/turn around is what my lender tells me. Was hoping to be in before Thanksgiving but thats out the window. 

[Anonymous]

I have to move to the December thread :-(. The bank's attorney requested we change closing from 11/30 to 12/1 without any reason given. I guess it could be worse, but the anxiety is killing me!

[bobvette]

We went under contract in August, scheduled to close 9/30 but ran into some water intrusion issue. They weren't completely a surprise, costal homes have issues. Everything is resolved and we closed today. Now time to enjoy the beach for a while.

Purchase Price: $675,000

Down Payment: 10% 

Product: Jumbo 30 year 

Rate: 3.0 (pretty amazing rate for a 2nd home, Jumbo with 10% down)

Mid-Score: 762

Closing Date: November 24th

[Anonymous]

We close this past Thursday the 19th!!!!

The underwriting went off without a hitch.  they asked us a few times for bank statements and verified multiple times with our employers our status had not changed.  they also asked us to explain a credit inquiry, which was just from our application for the mortgage.  i was terrified they would ding me because my studen loan was in forebearance and i had a few overdraft fees on my checking 5-6 months ago but those never came up.

paid 1/8 of a point to lock in at 2.5% on a fixed conventional loan

purchase:  490K

5% down:  24,5000

Mortgage:  465,000

Loan: conventional

Rate:  2.5% fixed 

Term:  30-year

[Anonymous]

Appraisal complete and accepted...was told we should come out of underwriting after this holiday. Hoping to be done soon...its been a long road!

[Anonymous]

Not necessarily closing on a purchase, but we did close on a sale!

List price: $350,000

Sale price: $370,000

No closing costs or repairs to buyer

Got preapproved for our new build, though!:

Purchase price: $680,000

Loan amount: $630,000

Rate: 2.7%, VA 30 year fixed

Location: Davis County, Utah