I Got My House Loan

Discussion in 'Credit Talk' started by tsaul, Jun 3, 2002.

  1. tsaul

    tsaul Well-Known Member

    Thanks to the efforts of Fla-Tan, I have my home loan. I was pre-approved for a FHA home loan with 5% down and an APR of 8%. This was a pleasant surprise on my fax machine when I got home from working the dreaded dog shift, 6pm-6am on Friday morning.

    We were working towards a nonconforming loan just to get me in the playing field but when the mortgage company looked at my credit reports, they determined that I had over 12 months of perfect credit and they gave me the preapproval.

    So now, I'm doing the NMPRD (No More Paying Rent Dance) :)
     
  2. LKH

    LKH Well-Known Member

    Good for you. Congrats!!
     
  3. tinaboo

    tinaboo Well-Known Member

    ? did your scores play an important role or was the 12 months of perfect credit the factor?
     
  4. cfand3boyz

    cfand3boyz Well-Known Member

    CONGRATULATIONS!!!! FLA-TAN is the best! He answered several questions for me. I hope to be announcing my preapproval soon too. Take care!
     
  5. mindcrime2

    mindcrime2 Well-Known Member

    Congratulations on your home loan!

    Now go find your dream home :)
     
  6. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    Wow! Congratulations! It must feel good!!!!!!!!!!!
     
  7. DanceRat

    DanceRat Well-Known Member

    What were the worst derogs you had and how old were they? How long did it take your company to approve you?

    Just put in my paperwork on Friday, eeek!
     
  8. the other

    the other Well-Known Member

    Congrats!! I know it sure feels good!
     
  9. MartysGirl

    MartysGirl Well-Known Member

    Congrats! I love to see news like this!
     
  10. charlieslex

    charlieslex Well-Known Member

    Good job, tsaul. It's a great feeling to see your hard work pay off. Charlie
     
  11. fla-tan

    fla-tan Well-Known Member

    Tsaul

    I was just the conduit. You were the person who did the hard work and you deserve the credit.

    fla-tan
     
  12. tsaul

    tsaul Well-Known Member

    According to the bank, my mortgage scores were in the mid to upper 500's. My highest score that I pulled myself was the 600 on Experian. The mortgage company also told me that I didn't have any lates for over 12 months, which is why they wanted to go FHA.
     
  13. breeze

    breeze Well-Known Member

    Congratulations!!
     
  14. erik776

    erik776 Well-Known Member

    Congratulations!
     

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