After signing a stack of loan paperwork for 30 minutes straight last night, I figure that today is as good a day as any to do a little home-buying update! We’re still cruisin’ for a September 2nd closing date, so hopefully six weeks from today we’ll be welcoming our moving truck (fingers crossed!) and moving in.
In the last update I talked about the list of things Jamie and I were going to request that the sellers fix per the inspection report. Last Tuesday, after a few phone calls back and forth, we settled with the following outcome.
Now that the inspection process is complete, we’re moving onto securing the loan. As soon as we started looking for a home, we applied for and were pre-approved for a loan. After we did some interest rate shopping, we decided to use a local bank and requested the necessary paperwork to get the ball rolling. We signed what we needed to, gathered a checklist of necessary paperwork (W2s, drivers license copies, etc.), and shipped it all back to the bank in Kansas. Once our mortgage lender received our packet, she shipped us the next set of paperwork that I mentioned above that detailed our monthly payments, discussed closing figures, etc. We’ll ship that back to Kansas in the morning!
The next box that needs a checkmark is securing our insurance. We’re extremely loyal to USAA for all of our insurance needs, so there’s no shopping that we need to do in this department. Jamie will make that phone call in the next couple of weeks.
If you missed my previous posts regarding our home-buying process so far, you can catch up here –