Forgive me if there’s another thread started, but I couldn’t find one that fits…so I thought I’d start a new one
We started our credit repair in earnest just 2+ months ago…and just yesterday we received our pre-approval letter! However, it’s a new construction home in a new community…so it will be a bit longer than an April/May close. So for all of you in a similar boat, join in. I’m sure it’s going to be a bumpy, scary, stressful, fun, exciting ride!
Home Location: Puget Sound, WA
Purchase Price: $ 493k
Property: House – 2600 sf
Submitted Offer on: 3/13/15
Signed Contract on: 3/15/15
Ernest (Deposit) Money: $ 5k
Lender Name: Caliber Home Loans
Notes about Lender: fantastic to work with!!!
Type of Loan: VA
Inspection:
Purchase contract addendums:
Loan Rate: waiting to fix some credit items before lock, but somewhere between 3.75 and 4.125
Application submitted: Pre-approval received
Loan Processing:
Mortgage Commitment Letter:
Appraisal Ordered:
Appraisal Completed:
Went to underwriting:
Underwriting Complete:
Final Approval:
Construction Status: model and options selected; foundation in progress and lumber drop scheduled for late-May
Walk Through:
Closing Date: Scheduled for 8/13/15