Can we think of more fun titles for this process? I’m thinking that’s going to get old quick after a few months. We’ve had enough go on in the last four hours that it’s worth a post though!
This morning started off a little early and disappointing. I had our appointment with our designer down for the wrong day. But I didn’t realize it until we all got up early, got ready and got the house in showroom condition and the designer was “late”. I checked my emails and sure enough, I had today down when it is really tomorrow. You know how excited I am about her coming but yeah, only one more day I have to wait.
Also, I was supposed to talk to the bank yesterday but she never called so we chatted this morning. The thing I was worried about (why do I do that?) is that last year we tried to refi because we have a 7 year arm and it’s “up” this spring but we couldn’t even though we’ve always had excellent credit. One credit card Scott got to hide a birthday present from me in 2009 was late and it tripped up our credit score enough we couldn’t get a conventional loan. We were planning to refi this spring anyway assuming our credit was back up. But I was nervous! Knowing they’d be checking our score in this process, I haven’t wanted to check it on my own lately so I’ve been in a big waiting pattern for the past year to see if it had gone back up. I told her our plans and she said she’d go ahead and check our scores while we were on the phone and we are BOTH back in the excellent range!
The thing I want to mention specifically for this post is I really can see God moving because you know how God has been saying do this in a hurry? I think I saw why today. Because we are doing a fairly small project and it should be done in a few months versus 8 months or more, she wants to do an equity loan for the addition and then refi it all together at the end. So no construction loan and no multiple closings. The thing about it is we won’t be locked into a rate right now. Rates are supposed to go up so she said the best thing to do is…HURRY. Can you believe that? First conversation with the bank and she unknowingly confirms what God has been telling me. The addition is a green light and hurry up and do it!