After months of waiting, we FINALLY got our loan approval yesterday to purchase a new home. Mortgage companies fear giving loans to "contractors" becuase and that was exactly what Shane was/is. We started the process back in Nov. and thankfully, the company Shane is working for was in the process of switching their "contractors" over to actual "employees" and the transition took place mid Jan. After getting all of that paperwork to the lender, they finally sent us our approval letter yesterday. WHOOOO HOOOOO!!! I'm so excited!
If numbers work out and the builder agrees with our offer, we are building a home in a neighboor hood not too far from where we live now. I never knew when building a house that EVERYTHING seems to be an "upgrade" Seriously, when we got finished with our wish list of upgrades, it added $37,000 to the price. Geesh! Needless to say, we are cutting back on our "wish list" . Some of the things we can upgrade at a later date, such as tile in the bathrooms, laudry room, etc. We have an appointment tomorrow with the builder/sales rep once again, and hopefully we can all come to an agreement on numbers and options and we can get the ball rolling.