Quote:
Originally Posted by graciegirl
I know the developer will not accept VA loans on new homes. It slows down the building and closing process I guess.
Here is a recent thread on the same subject.
VA Lender?
and another on the same subject. Hope this helps.
VA Loan Certificate In Process
I don't understand when you say that no one "seems to care or offer to help with closing costs"?
Do you mean a buyers assist? I think because they don't have to make any concessions to sell homes here, but perhaps I misunderstand what you are saying. |
Entered into contract for purchase. Paid deposit. Paid appraisal. Set to close 3/12. Realtor calls Wednesday and informs me-he didn't know I was going FHA and I can't use FHA. Their suggestion: obtain other lending or pick another house.
Doesn't seem fair- or legal---they didn't disclose that I could not use certain financing when I entered into the contract. I am set to close, I am ready--and they say they won't take FHA so the closing won't happen unless I obtain other financing- which cash to close increased 15,000 and I might have to have a second appraisal-450.00....
I was suppose to get a "builders discount" House 338,995 with builder discount 328,995. Appraisal came back at 330,000
