Monthly payment when taxes/insurance are figured in will be around $944/month.
Ok thats not bad at all im looking at homes in that range and i wanted to know if i could afford it.. im actually looking for homes a little bit cheaper so i should beok.. thank you for sharing!
Just thought I would give everyone my newest update:
8/15 - my loan was sent to the Missouri USDA RD office. Average turn around time is 10 days. So looks like 9/3 for a closing date shouldn't be an issue.
USDA is scheduled to look at my file on Mon or Tues, and closing is set for next Friday. Can't wait!!!!!
Congrats! I am planning on applying for a USDA RD loan in late Nov/Dec for a new construction home. The builder said it will take approximately 5 months to build. My scores are similar to yours and I am hoping for the same success. Enjoy your new home!
Just wanted to give an update. My loan was approved of all conditions by the UW and was sent to USDA on 8/15. Currently Missouri is about 2 weeks behind so it looks like my file will be reviewed the first part of next week. Hopefully everything goes good there so I can still close on 9/3.