My Great Homebuying Experience with Awesome Realtor
(Staples MN USA)
My husband and I had a GREAT Realtor, getting financing however was not so easy. My husband had less than perfect credit. When I went to our bank to apply for a loan, I wanted to keep my husband off of the credit application completely but the banker pushed me to add my husband....we were denied about a week later.
Our wonderful Realtor recommended another company, they listened to what I wanted and was approved the same day (granted it wasn't for a whole lot, but it was what we could afford)! My husband and I must have looked at almost a dozen houses before we found the one we bought, and we really appreciated how patient our Realtor was with us!
The house we bought was a two bedroom, one bathroom (the bathroom was so small it only had a pint sized shower no actual tub) house originally built in 1910, since then it had been added on to.
The previous owners had made the detached garage an attached one but unfinished. Our new house needed a lot of work but my husband and I were up to the challenge!
Since buying the house and moving in (in August 2007), we have converted the newly attached garage into the master bedroom and added a master bathroom (in-floor heat for the bathroom) plus plumbing and forced air heating in the bedroom. We finished off the breeze way that was between the house and the old garage making it into an office again adding in-floor heat, and remodeled the old existing bathroom to accommodate a whirlpool tub.
I'm starting to love our house more and more, as it is finally truly becoming "Ours".
So do not get discouraged even if you have poor credit. Just keep looking for the right people, who know their trade, and you will succeed!
According to the FHA lending guidelines, is it possible for escrow to be paid out of packet instead of rolled into the loan? What are the guidelines for a 2nd time home owner? These are answered below…