Soooooooooo, we went to the mortgage brokers. Don’t know what I am talking about? Go here and see. I will wait.
Good you’re back.
There is good news and bad news here, okay?
Firstly the bad news – we won’t know anything for definite for a few days.
The good news? Apparently we look good on paper, and the few things that MAY go wrong for us can all be fixed. The mortgage broker is confident that it will go through, EVENTUALLY.
Nathan has a $200 bill in collection, that we only found out about recently. The telephone company was supposed to forward our old bills on to us when we moved here and they didn’t, hence a bill in collection. IF that stops it going through, we write a handwritten explanation and fax it through to the bank, along with a ‘paid in full’ receipt.
The second thing that could go wrong is the car. We have a current car loan, due to be fully paid off in April. IF this makes us too far extended for the bank to give us a loan, we just pay the car loan out, and then put the application back through.
Very little will actually stop is getting this loan, a few things will just defer it.
We will buy this house.
The mortgage broker is going to bend over backwards (no, not like that. Your mind is in the gutter again) to get us our loan (and him his BIG commission).
YAY!
I will ring them on Wednesday to try and find out whether the application is approved or deferred. Note, I didn’t say rejected? It shouldn’t get rejected. Now we just need to come up with 1k to pay out the car if need be. *sigh* We need rich relatives.
So maybe hold off on the champagne and just have the cheese today.