MORE HOUSE INFORMATION!

Caitlin had the first official paper signing with the mortgage company today....two hours later, she came home with a stack of signed copies. I asked what the chances were that they wouldn't get the loan and the loan officer told us to stop worrying....They have GREAT credit, and more money in the bank than a conventional loan downpayment would require.....plus they both have good paying jobs! Speaking of jobs, since Caitlin is a nurse and Joe is in the military, they qualify for a hero discount which means their interest rate is fixed at 30 years at 4.25% WOW!.....And....since the home is in the country vs. city, they may be eligible for a rural development loan which equals NO MONEY DOWN !!! The only downside to this is the loan takes longer to process which means a closing date after the wedding ceremony vs. before....OMG. I can see my basement full of wedding gifts until they move in....but worth it. The kids also get the first time home buyer perks! If for some reason the closing happens after Joey deploys, Caitlin will have to get a power of attorney to sign his name on the loan papers. Next big step....shopping around for insurance rates!