Sunday, August 31, 2014
Friday, August 29, 2014
|2nd floor is up! And windows!|
|I drove by after my flight came in (because I'm obsessive like that). They were still hard at work at 7:15 pm, so I didn't get out to take pictures. It looks like they added roofing to the porch over the afternoon.|
Wednesday, August 27, 2014
Tuesday, August 26, 2014
Monday, August 25, 2014
Saturday, August 23, 2014
I probably should have waited until today to update, but it's so exciting right now to see how quickly things are moving! We went to Sweet D's new daycare yesterday for her to check it out and we went by the lot afterwards. They worked later than normal because they were still going strong after 5 pm. We drove by but didn't take pictures because I didn't want the guys working to think we were crazy people :)
Hope y'all are having a great weekend!
One thing I'm trying to figure out is if we can take advantage of some sales now, but delay delivery until November - to anyone that has already built, how did you handle this???
Washer & Dryer
We had a front loading washer and dryer in our last house that we bought new. I had to have them. And then I hated them. The washer always smelled like mildew no matter how much we let it air out or cleaned it. And the dryer was AWFUL. It ripped holes in almost all of our clothes and we HATED it.
Needless to say, we are very excited to get something new. After reading and researching, I think we are going to go with the Maytag Bravos XL 4.8-cu ft High-Efficiency Top-Load Washer and the Maytag Bravos XL 7.3-cu ft Electric Dryer with Steam Cycles. They've gotten great reviews online and I love the sleek new look of the top-loaders! I'm in love! Now I really hope we can find a good deal on them over Labor Day weekend!
Thursday, August 21, 2014
Wednesday, August 20, 2014
- Loan Application
- Loan officer collects all necessary documentation for initial approval of loan
- Loan Audit
- Quality Control Officer will inspect file for any errors that may have occurred during initial loan application
- Initial Processing
- Loan is assigned to processor and may request further documentation in order to complete file for Underwriting Department
- Loan is then sent to underwriting department to receive full underwrite of file for initial approval
- This step of process normally takes roughly 2-3 weeks, due to length of time dedicated to each file and volume of loans
- Initial approval must be obtained in order for Ryan Homes to start construction of home.
- Loan Approval
- At the point, the closing processor will collect any documentation that is needed for final approval, which are not time sensitive (i.e. pay stubs, bank statements, etc)
- Pre-Drywall Meeting with Ryan Homes
- Call Loan Officer to discuss locking interest rate
- Contact homeowner’s insurance agency to obtain a copy of the new policy.
- Closing processor will request new bank statements, paystubs, and any remaining documents that are still needed for final approval of loan.
- Underwriting Department
- Loan sent to underwriting for final approval, but underwriting may ask for further documentation for final approval.
- Loan is Cleared to Close
- Loan is submitted for Pre-Close File Quality Review
- Closing processor will collect paystubs, dated within 30 days of closing and any closing documents that are needed.
- NVR Settlements Services will send preliminary Settlement Statement (HUD-1), as well as instructions for closing.
- Arrive at the set closing destination with:
- Photo ID
- Certified Check written to: NVR Settlement Services
- Customer Survey
- Each customer will receive a survey 30 days after closing, in order to evaluate their experiences with NVR Inc.
Was your process similar to this?
Tuesday, August 19, 2014
Monday, August 18, 2014
Sunday, August 17, 2014
Friday, August 15, 2014
We refinanced our previous home not that long ago, so we knew we needed all of these documents so that was not a surprise. Our SR had also prepped us to let us know that we would need a lot of documentation (have I mentioned how awesome our SR is? He’s pretty fantastic!). We sent our loan representative the required documents the night prior so we figured she wouldn’t have much time to go through them because our meeting was at 8:30 the next morning. We were wrong… she had keyed almost all of the information in before we got there! What a time saver that was!
- Be organized! If you’re thinking about the home buying process, start gathering all of this information. My husband and I are fairly organized, so this is second nature to us.
- If possible, go ahead and digitize the information. It was super easy to just email everything over to our rep in advance of our meeting. I would recommend scanning things separately and naming them logically.
- Create a folder on your computer to house all of info you need.
- Keep track of your credit and your credit score. This is crucial! We started using an app called Credit Karma that updates your credit score weekly. You can also get your 3 credit reports annually to monitor your accounts.
Wednesday, August 13, 2014
It rained for most of the day on Tuesday so I really didn't think much would be done today... Boy was I wrong!
- Most recent pay stubs covering a 30 day period
- 2012 and 2013 W-2s and 1099 if applicable
- 2011 and 2012 tax returns signed and dated. If we had 2013, then we could use that instead of 2011.
- Most recent 2 months bank statements (all pages with name and account numbers on the statement) for any checking, savings, money market accounts or CD’s.
- If you hold a joint bank account with anyone who is not on the mortgage loan, please provide a letter signed and dated by the account holder stating that you have access to the funds in the account.
- Most recent retirement account statements (all pages with name and account numbers on the statement) for any 401k, thrift savings, IRA, stocks, bonds, mutual funds, etc.
- Most recent mortgage statement. If taxes and insurance are not escrowed, please also provide a copy of your most recent tax bill and homeowner’s declaration page showing premium amount.
- If you are not selling your current home, please provide a signed and dated letter of intent stating what you plan to do with it (rent it, etc).
- Sidenote – we had to do this because we were approved to keep our current home and purchase the new home. We placed a non-contingent offer in the hopes that with our house going on the market on April, we would be able to sell it by October.