Did you buy your home with a USDA loan?

posted 3 years ago in Home
Post # 3
Member
1611 posts
Bumble bee
  • Wedding: May 2013

I can’t offer any help.. We were going to do USDA, but the FDA(?) loan wound up being lower interest for us (house is in DH’s name, I don’t know much about it)… Friendly bump 🙂

Post # 5
Member
11740 posts
Sugar Beekeeper
  • Wedding: November 1999

We did a conventional loan, and closing took 30 days.

As an aside, I got certified copies of my marriage license the day it was returned, and my name change process took a little over three hours (Social Security and DMV) – so hopefully it won’t be a big hold up for you!

Post # 7
Member
673 posts
Busy bee
  • Wedding: February 2013

@MissCountryGirl727:  We went with a VA loan, but if I had known about USDA loans that might have been a contender (our house definitely qualifies). 8 weeks is not a “long” time to close on a loan, but it can seem like it once you are elbow deep into the process. We were hoping to close within 45 days on ours but our bank was a PITA and it ended up taking us 2 1/2 months just about (contract signed April 15, closed on the loan July 3).

Who told you your closing date is about Oct 4?

Also, we did the entire home purchase in my maiden name and then after we closed I went about changing it. Well, except when I thought the loan was going to fall through I went and changed it with the SS administration, bank,  and my passport but it wasn’t an issue. I never even told the bank but it never came up.

Post # 9
Member
673 posts
Busy bee
  • Wedding: February 2013

@MissCountryGirl727:  Thats really strange considering not everyone changes their name when they get married (I actually had an argument with a guy at the SS office over this during my first marriage). Its none of his business if and when you change your name or not. You could go change it tomorrow if you wanted to, or get married and wait five years to do it. 

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