We've just had our NVRM appointment. It went fairly quickly and we left feeling much better about building our home.
Of the appointments we've had scheduled for this process this is the one
I was most concerned about. First, you always fear the worst when it
comes to financing. You can never be sure about creditors. There are
many factors that go into the approval process that it can leave you
nervous and sleepless. It has me. The second reason is because I've read so many
bad things about NVRM. There are many bloggers out there that have run
into a lot of problems. My impression thus far is pretty positive
though and I hope it stays that way. We did our homework, we had all
the initial requested documentation ready, so, perhaps that will keep us
on the straight and narrow. Our hope is that this is smooth going for
not only us, but for NVRM too.
First, we made our introductions. We then provided all the requested documentation. That was fun to gather together. It seems like they want everything, from every part of your life. I guess it's better to have it all from the beginning than to have to scrambled to get everything together and possibly hold up the loan or ground breaking. This part required careful scrutiny of Beth, our loan officer. We ended up only needing a few additional documents and those only because of bad copies.
We next walked through our credit reports step by step. Explaining what was bad, good, and great. What was great about Beth is she actually provided information on how to make your credit report look even better. This was extremely helpful to me personally because mine isn't great.
The next step was to walk through the financing information.
Chicken Butt...............
