So the reason they were dragging their feet to approve us is because they thought my income was too unstable since my hours at target fluctuate from week to week, and since my babysitting is under the table they can't considerate it.
Then last week the house dropped in price down to 179,500. So we emailed Bob and he reran the numbers using only Andrew's income and we were approved! So he is now waiting on the final documents to come through and as soon as they do we will be making an offer. Until then pray that no other offers come in and that everything happens smoothly.
Monday, February 28, 2011
Tuesday, February 15, 2011
short update
So we heard from our loan guy that although he had received a verbal approval from underwriter #1, a second underwriter got involved and switched our status to maybe. So Bob our loan guy is still working with them trying to get us a favorable outcome.
my mantra: "it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will."
my mantra: "it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will. it's all God's timing and will."
Thursday, February 10, 2011
Patience
I can be patient when I know the length of time I am expected to be patient for. Yeah yeah that is probably not real patience but that is how my mind works.
So if someone tells me to expect to hear the status of our loan by the end of the week, and if that dead line comes and goes... let's just say i go a little crazy.
I managed to make it through the weekend because I knew that the banks don't work on the weekends. Then Monday morning we got an email that the manual underwriter is just now looking at our stuff and would should know by Tuesday or Wednesday. No word. Today the guy emailed us and said he got verbal conformation that we were approved but he did not know the specifics so we would have to wait another day.
Now I know a week after the initial time frame is not that long in the grand scheme, but with something this big it tends to be all you can think about. So it feels like a lot longer. So if all goes well tomorrow we will hear the amount that we are approved for, and are ready to make an offer.
O but wait God is not done working on my patience, our Real Estate agent is going out of the country tomorrow and won't be back until next Friday. So it will be another week before I can tell you about the offer we are making.
In the mean time I am thinking about what color carpet I want in the living room.
So if someone tells me to expect to hear the status of our loan by the end of the week, and if that dead line comes and goes... let's just say i go a little crazy.
I managed to make it through the weekend because I knew that the banks don't work on the weekends. Then Monday morning we got an email that the manual underwriter is just now looking at our stuff and would should know by Tuesday or Wednesday. No word. Today the guy emailed us and said he got verbal conformation that we were approved but he did not know the specifics so we would have to wait another day.
Now I know a week after the initial time frame is not that long in the grand scheme, but with something this big it tends to be all you can think about. So it feels like a lot longer. So if all goes well tomorrow we will hear the amount that we are approved for, and are ready to make an offer.
O but wait God is not done working on my patience, our Real Estate agent is going out of the country tomorrow and won't be back until next Friday. So it will be another week before I can tell you about the offer we are making.
In the mean time I am thinking about what color carpet I want in the living room.
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