Hey Yunnvmbutter,
I am buying a new construction as well, but I have not actually started the process yet. There are a few posts on here that explain the process in detail. One member (I think it’s Pratik) has a post detailing their experience with D.R. Horton.
Do a search for the word incentives and that should bring up all the posts you need.
Good luck!!
@HomesweetBoston THANK YOU SO MUCH FOR THE INFORMATION!!!
I only have two accounts (one for bills and one for spending) and for the last 3 months, I have made sure not to make any withdrawals from the spending account over $100.
The main account is strictly payroll deposits and electronic bill pays, this is the account where my payment shocked is reflected as well.
I have not used any of my credit cards since September, just paying them off.
No co-borrower for me, so I am good to go with that!
Hope you had a great holiday!
@TTrumble THANK YOU SO MUCH FOR THIS!!!!
This really helps me understand the process better and plan ahead for my payment shock. I hope others with the same confusion see this and it helps them as well!
Thanks again!