Friday, January 25, 2013

Pre-Approval


About a month and a half to two months ago, I never thought we would be where we are today. Buying a house was the absolute last thing on my mind. We both kind of just thought we would wait until after Casey finished school. And I was definitely not about to move because I hate moving so we were planning on living in our apartment for at least a few more years.

We have two bedrooms. And completely covered parking. We live close to Trax so Casey can take it to work and school. We love our ward. Yup. Totally content just to stay where we were at.

But Casey and I both kept thinking about the idea of buying a home. We never talked about it. And I pretty much didn't even acknowledge my feelings. I just didn't think the time was right so I kept ignoring it.

Then randomly in the middle of December we both turned to each other and stated how we should buy a house. I was shocked. I was trying to get myself ready for this conversation and was ready for Casey to shoot down my crazy idea. After all, buying a house, was crazy, right?!

Apparently not. Because Casey was preparing himself for the exact same conversation with me.

And we just kind of ran with it; trusting that Heavenly Father knows what He is doing and we are both being guided to find our home.

I started looking at houses online. We went and talked with a couple of different credit unions about getting a loan but I wasn't impressed and it just didn't seem right to pursue it with them. Finally I confessed my crazy idea to my mom and she found some great websites. (My mom is seriously the BEST googler ever! Seriously! How she finds everything she does, I have no idea!) But one of her suggested websites talked about applying for grants--which we qualify for. I didn't even know such a thing existed.

So I called to find out more information about the grants. And then we were considering getting a loan from this place that I kept talking to. But I was still hesitant. I asked my brother where their mortgage was from. Looked up his place online and randomly picked one branch to call. Not the closest branch to our apartment either. The one that I just liked for whatever reason.

I was still debating about which place to apply for our loan at. After all, this is a huge commitment! And it seemed like most of the decision and appointment scheduling was becoming my responsibility because Casey was all of the sudden so busy with the new semester starting. So I filled out an application at both places with our credit being checked at both. I was sent our credit report scores (which is really good!) and then I didn't hear back from either place. I kept leaning towards the place my brother went with but I couldn't decide.

Why were they not calling me back? It was so weird. About a week went by and then I had Casey try calling both places. And I just decided to go with the place my brother did. I don't know why. We still had not met either company in person--just long phone calls. But it felt right. And this whole process is a matter of trusting the Holy Ghost and the promptings we are getting. So we just went with it.

We met with our loan officer. And we were approved for about a million and three quarters dollar home. Gasp. What?! There is NO way we can afford that. Turns out they put in an extra zero and had wrong numbers. So all of the numbers were reworked. And we just got our pre-approval letter yesterday.

*squeal* This is really happening. We are really in the process of buying a house!! :)


4 comments:

Anonymous said...

Congrats! Buying a house is stressful, but fun. I HIGHLY suggest our realtor Sherri Nestor. She was an amazing realtor and SO helpful. She loves helping first time homebuyers. Look her up contact info. It's on zillow
Jonessa

Anonymous said...

Congrats! Buying a house is stressful, but fun. I HIGHLY suggest our realtor Sherri Nestor. She was an amazing realtor and SO helpful. She loves helping first time homebuyers. Look her up contact info. It's on zillow
Jonessa

JandS Morgan said...

I bet part of the reason for those promptings is because interest rates are going to jump within the next few years. Good luck!

Lisa said...

Thanks Jonessa for the suggestion!

Steph--I think that probably has a huge part to do with it. I'm glad our interest rate will be so low!!