USDA Direct Loan - Pennsylvania ** CLOSED**

[Anonymous]

05/22/19 - Attending the Homeowner's class this evening, all I have left to do is pay for the home owner's insurance tomorrow and submit proof. Getting nervous as expected closing date approaches!

[Anonymous]

this is so helpful ! thank you for sharing and congrats on your home.

[Anonymous]

05/23/19 - Submitted proof of insurance and signed the Closing Disclosure from the USDA. 

05/30/19 - Yesterday I received the cash I will need to bring to closing. Today at 4:00 is my final walk through, closing is scheduled for 4:00 tomorrow... I am very excited!!!!

[Anonymous]

5/31/19- Had closing at 4:00! Only about 25 minutes of paperwork! So happy to finally be a homeowner! Now the fun part of moving begins!

[stinastina]

Wow, wow, wow ! Congrats ! Are you enjoying your new home ? 

[Anonymous]

I definitely will once we are moved in completely and unpacked. I forgot how miserable the process of moving is!

[stinastina]

I'm getting a jump on moving by throwing out stuff now.

Did they pull your credit before closing ?

[stinastina]

I've got another question when you get a chance to come back  - USDA has my insurance estimated at 900 per year. When I got a quote from Geico, it was double that. Do I need to get the quote as low as USDA's or does it matter ?

[Anonymous]

If your insurance is higher than their quote your payments will be higher. Try to look around I tried geico and they estimated mine around $1200. I found a place that is only $515 a year, I got around 7-8 quotes before I decided on a place. Definitely shop around. Also don’t forget you have a pay a whole years worth of home insurance before closing so this will definitely benefit you too!

[stinastina]

Thank you. Do you mind sharing which company you chose ? And did USDA run your credit before closing?