Loan #4

[angelak]

Oh. Did I mention it gets better today?
Now we're going to start again. On loan ap #4.
Why? Because our builder *insists* on Bank of America loans, and in order to get an extension on our current offer, they will approve an extension via B of A, but not necessarily through my other broker guy. The issue is that they're income qualification homes. Some of these lenders are struggling with the concept, as if it's something totally new and astounding. B of A has agreed to be preferred lender in this case. So it's good and bad.

Well so now we've got to switch broker guys AGAIN to the B of A dude, and start out loan all over again.
But then maybe, possibly - we'll close by October 31st. Which is also the day our lease expires. Dandy fucking shit.

I'm through with being the point of contact and Jim has taken over. My sanity stops there.

Needless to say. I really wanted this to drag out another month. Sure!

-Angela

Comments

[dudelovenext.livejournal.com]

Do you guys have a back-up plan (a rental) just in case this doesn't work out?

Though, I'm really hoping it does...*hugs*

No - see

[ithisia.livejournal.com]

That's exactly the problem.
We really have no back up plan.
We were supposed to have some sort of actual answer way sooner than this...

-Angela

Re: No - see

[dudelovenext.livejournal.com]

Well, it shouldn't be too hard to find something temporary on month-to-month lease, at least until this all goes through. At least you still have another month.

Re: No - see

[ithisia.livejournal.com]

Yeah. My mom was saying it's pretty easy to rent an apt if your credit is fine. Which mine is. And yeah. We do have another month.

-KarenAngela

Re: No - see

[ithisia.livejournal.com]

I might say - initially, we started this process 2 months ago. I thought I'd have time for a backup plan. But my mom says we can rent a shitty apartment pretty quickly.

Who knows. Storage unit. Couch hopping. Gods know.

-Angela