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babyarho2010

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  1. This actually happens to my Daughter while banking with US Bank. Credit card applications after routine teller visits. When we inquired everyone had amnesia. They couldn't "figure out" what happened. Sent from my iPhone using Tapatalk
  2. what phone number? i don't answer any number that i don't recognise Five four zero, seven twenty-two, one zero five four. Sent from my iPhone using Tapatalk
  3. Has anyone received a call from member relations asking if everything is set up "to their satisfaction "?? Sent from my iPhone using Tapatalk
  4. NFCU will not reuse your HP. They are HP happy. [emoji19] Sent from my iPhone using Tapatalk
  5. How long after the welcome email did most of you apply for credit products? Immediately? I want to use the HP to the greatest extent possible. Sent from my iPhone using Tapatalk
  6. For those that applied via web - is this the accurate info to input online? Select Elig. - Civ Affiliation - USA Fed Mer. Select Assoc/Co/Comm - Other Other - SD Council of NL (spelled out)
  7. Sorry it's been sooooo long. So MUCH has happened in the last few months. After much waiting and a multitude of screw ups (not on my end), I finally closed with NACA mid-October. I received a sizeable return of my deposits due to BOA picking up so many of the closing costs, which helped quite a bit for moving in. I'm now a homeowner, and it feels great! I know there are many out there who are in the process of dealing with NACA, and let me tell you, using them is NOT FOR THE FAINT OF HEART. I've had more frustration, sleepless nights, etc., dealing with this organization that I ever even knew was possible. However, it happened. I finally closed. It took an extreme amount of tenacity and just plain old persistence to get it, but, I was determined to have my new home and I refused to be deterred. Tips: Payment shock - I had to time the payment of my bills so that the calculation of adding all my accounts only reflected the increase in my savings month over month. If I had to do this over again I would make sure that you could show 3-6 months of saving prior to application. Put everything on a jump drive - this way you can send the documents over and over and over. (as they will request) Make sure you save all your documents with a good naming convention so that you can find them quickly when they ask for them to be resent. Keep your bank activity very simple. Keep ATM withdrawals/deposits under $150 is possible, and don't use anything other than basic accounts while you're awaiting qualification. Do not change anything on your credit bureau if you can at all help it. I accepted an offer to upgrade a card from store to amex brand during this time and it was like explaining the theory of the universe to convince them I didn't open a new credit card. You may want to save OVER your required payment shock - in case you find a home that is just outside your approval amount. This happened to me, and luckily I was saving well in excess of my payment shock and had them adjust my approval immediately. (NACA immediate = several days) You don't want to lose your dream home because your payment shock is $400 and you need a mortgage that is $500 over your current rent. That mistake will set you back 3-6 months. If you're on income based repayment for student loans and your payment is $0 (mine wasn't, but many others have this problem), you may as well fix this issue before you apply. They will not accept a $0 payment for IBR student loans. Don't choose a "fixer upper". If you do, chose a lender other than NACA. Dealing with the inspections/repairs has killed many a deal. Read the NACA forums religiously. It will help you find answers to your own problems, as well as give you many shoulders to cry on when you feel like screaming. If you're doing a new construction (like I was) make sure that you start NACA qualification ASAP. I KNOW THEY DON'T LIKE IT WHEN YOU DO THIS - however, had I not started the process prematurely I wouldn't have been able to close when I did, and I was still two weeks after my home was complete. You'll need minimum required funds that consist of 2-3 months reserve (mortgage payments), escrow estimates (one year of insurance and 3 months of property taxes), your earnest deposit, 3-6 months of payment shock, and any other fees required to close (think HOA, etc) IN YOUR ACCOUNT AND SOURCED BEFORE YOU CAN BE QUALIFIED. My stats: The entire process was from August 2013 - October 2014 (We broke ground in May 2014, completed the first week of October 2014). I had only very old (4 yrs) baddies (one paid, one unpaid), four open cards ($20K), two auto TL's, (one closed/paid, one open) and student loans in active repayment. I've worked for the same place for several years, and rented at the same address for 3 years. Good luck to anyone on this journey...you'll need it.
  8. Update: waiting for home completion so that we can close, which is scheduled ~ three weeks from now. Since the last post - for some reason I have been put on blackout mode with my "counselor". I can't get a response from voicemails, emails, smoke signals, nothing. Each time I need something, i have to call the local office, and ask for the manager. Also any inspectors must be approved by NACA, and in my area there are only TWO. One of which is on vacation for the next two weeks. The lighter side is that I was able to find a very good homeowner policy with combined auto that costs me less than my previous auto policy alone. I'm hoping there are no issues with the inspection or appraisal, and that I can close relatively close to my anticipated date. The darker side is that I lost my down payment assistance grant due to NACA's nonsense. Even considering that, I am better off than using the grant with an FHA or 5% Conventional. I can honestly say, this is probably the worst experience, customer service wise, that I've ever experienced. EVER. **Staying in prayer for a positive outcome**
  9. Wow. SO much has happened since my last post. Received the corrected qualification letter, finally, but I don't recall if I actually received it the next day or not. NACA & Wells Fargo LIFT have refused to work together in order for me to use the dpa grant I was awarded in the spring. This came to roost about two weeks ago, and ended with a pretty unfortunate conversation (I'll even say "nasty") with the local manager. Also - NACA cannot use our local mortgage credit certificate program, as BOA is not an approved lender in my state. So - down $15K, actually $15K +$50 b/c I already paid for and took the "buyer's education" class, which was $50 online. That part SUCKS. I hate that I jumped through so many hoops for several months to make this happen and although I put up a valiant fight, I did not win that battle. I did receive a GFE from Wells Fargo, just to see how the math works if I choose to borrow from them and use the grant, but the payment would be much higher, even with a CRA loan with no PMI. So - I submitted all builder contracts, etc, and have a bank application with BOA now for a 30 year fixed at 3.8% (locked). Since I lost the grant, my payment is going to work out to be higher than I wanted, but at this point it's either: 1) stick with NACA, 2) go with another lender for an even higher payment, or 3) walk away from the house and my earnest and other deposits and start over. So far (Lord willing) the only conditions from the bank are cursory, (title report, appraisal, inspection, insurance, etc) and I've found some very inexpensive homeowners (not "cheap", but multi policy discount) insurance, so that seems to be going well. Have had a couple of issues with the builder surrounding mistakes in design options though. Still working through that. Otherwise - all is somewhat quiet until the house is fully complete in about a month, and the appraisal and inspection can be completed. I hope to move in before the EOM September. I cannot wait until this entire "experience" is over, as this has been the most stressful 12 months of my life. The most recent issues have been multiple credit pulls, (two within twelve days, and two within the 60 days prior to that) and an issue with the payment of said pulls. I will say, it is extremely difficult to get the attention of the "counselors" when you need them, and the responses you often receive are ambiguous at best. You need the patience of Gandhi to start this program, as this experience has taught me.
  10. @caniplease - they did explain that. The contractor said they should last for a very long time - longer than I will own the home. (his words) I hope that's true - it was just strange to me. lol @amandanicole - I did notice that the posted "rules" stated they should clean up each day - hopefully they will not seal any trash in my walls. The workers did clean up a bit from my undercover visit the night before - of course I won't be there when they put up ALL the drywall - which makes me nervous. I drive by each day - so hopefully that will make a difference.
  11. Thanks for the advice and congrats! This process is very stressful! I snuck a look yesterday, and noticed there were a lot of red and blue tubes instead of traditional pipes. Is that a good or bad thing? Also the heating "ducts" were not the traditional metal ones. I'm not sure what to think of this......
  12. What types of questions should I ask? What should I look for? I have zero experience in this area so I'm not sure what to expect.
  13. Pre-con meeting went well. Basically what you said cputrwz. Mostly to ensure that the major details were correct, like the placement of the garage, air conditioning, basement finish, etc. Framing started this week, having a major storm today though, which is giving me some anxiety. The builder has replaced/repaired many roofs due to the most recent hail storm here. I need the weather to cooperate so that my completion date is not delayed. I finally received notification that I have been "re-qualified". lol lol. Still awaiting a corrected letter however...supposed to be ready tomorrow. We'll see.

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