EDOGGIE!!!! I finally freaking made it. Just closed on my house tonight. Even walked away with $3,500 at the closing table . Six months ago, I was in the trenches with low five hundreds. Now I have a home Thanks Cnet. I'd like to give special thanks to some collection agencies I sued and use their moeny to furnish my house .
Anyone who closes after repair or rebuilding from this site should get at least 10 positive remarks. GREAT JOB!!!
CONGRATS!!!!!!!!! I can see that this site helps alot of people..........Everyone here should give themselves a big pat on the back when these kinds of things happen.
Congratulations!!! We just bought a new house as well! I posted above about my experience. Isn't it totally exilirating! CN is awesome!
Congrats EDOGGIE!!! If you don't mind my asking, what were your scores when you started repair and what are they now? Also, are all of your reports clean or do you still have any derogs? Congratulations again! paw67
my scores were 549, 562, 478 (TU FAKO Score) when I started, Now my scores are 636, 631(Ex), and 675 TU (FICO) I still have some derogs. they are more than two years old though.
Congrats!! And like Nickpaige said, I would love to know the interest rates and terms on that if you would! Bryan
There terms of the loan was that is was a 80/20 (Heloc) The 80 percent is the first mortgage at 6.625%. (I applied for this almost 5 months ago so maybe I could have gotten a lower rate more recently. But also consider this was a no money down loan -- 100% financing and some lenders tack on a point for this.) The 20% = 3.5 + the prime rate (whatever it is). Again, I didn't have to put any money down and walked away with a nice chunk of change at closing. I did my loan through Countrywide for those who are curious.
