Friday, March 19, 2010
We made a major change...
We decided to change our loan type and down-payment. I'm doing this at just about the last possible minute. We're going with a Conventional loan with enough money to put down to make this change. Our loan officer @ NVR has been very helpful at getting us the revised Cost Analysis Worksheets that show the new payment, money required, etc. for the different scenarios we can now use. There's actually 3 different scenarios, some with taxes/insurance rolled into the monthly mortgage amount and some without it being rolled in. I feel this is one of the smartest things we could have done with regards to our finances and our future at this house. Rather than get into all the details about this, I felt it would beneficial to let you know that it can be done - even this late into the transaction and that our loan officer with NVR is amazing.
Posted by ThriftyAmy at 2:22 PM