July 28, 2012 at 1:21 pm #2064christelhParticipant
Sooo I went to a follow up appointment yesterday. I have done Everything that was requested from my MC. We had a phone appointment last month and he told me to make sure that I got my VOE and VOR signed, I made sure all that was done. I thought that because I had owed taxes that would delay the process, he said it will not but you need to pay on it, so I paid over half of it and provided the receipt, and a copy of my bank statement showing where the money was deducted from. There was a collection on my account that he told me to pay off, I did that and even got it removed from my report. After everything that was required, still nothing. Yesterday we input my budget, after a year why he is just now inputting my budget? Is this the process?? Would it not be best to do my budget in the beginning stages?? He requested several things from me and I provided all the paperwork that was needed; he did not look at nothing that he requested…..not one thing! At the end of my appointment all he could say was keep on sending in your bank statement and check stubs. I said well is there anything else I need to do. He said no, I just need to input information in the system. He said there was nothing else needed at the time. I do have a phone appt next month on the 27th, but not sure of what he thinks will change between now and then. I did ask when I will be sent to underwriting he said in 4-6 week. I don’t have to much faith in my MC now, so I’m not sure this will happen. I just don’t know what this guy is requesting from me anymore.July 28, 2012 at 5:36 pm #2070gimme_my_houseParticipant
Welcome to NACA! Sad to say, but that’s the process – as tedious and annoying though it may be. Even if you have ALL your budget information up front, they want you to get a handle on your credit and other issues before they get into your budget and financials. For instance, they were showing that I had two soc numbers on my account (which was NOT accurate) and had an account on my credit report that had been paid months before. So I had to take care of those and provide letters explaining all the different addresses on my credit report before we went into my finances (which was like appt three i think). They also want you to send your pay stubs and statements EVERY month to make sure you are still gainfully employed and able to manage your bills each month (which makes sense). I actually read that NACA has to prove that they have “counseled” its members for at least a month before the file can be sent to the bank. But because of the high volume of members they have, appointments can get spread out kinda far. I thought about throwing in the towel a couple times, but might as well stick with it after coming this far. You’re just gonna have to practice patience, which I have learned (and drinking heavily). Best of luck to you!July 28, 2012 at 11:03 pm #2072christelhParticipant
I understand that they want us to be financially sound before we buy a house, but other things I just don’t get. My MC even told me that I can start looking for a house. Why even start looking when I know that I’m not even approved yet??? I’m going to stick with NACA because I think it’s a great program; I just hope at the end of journey there is a nice house waiting for me
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