usd2bmd
DIS Veteran
- Joined
- May 21, 2007
- Messages
- 1,752
my husband and I went to the bank yesterday to apply for a home equity loan/line of credit.
We have always been very careful to keep our credit up, but there is always that moment when you apply that you are nervous about something coming back or it coming back poor. She told us it would probably be a couple of days before we heard anything and that they may need more information from us. that's fine but I was still nervous.
We got a phone call not even an hour later from the woman we met with telling us that we had a pre-approval, that it would not need to go to an underwriter. It seems they ran or credit reports and they are in her words "almost perfect".
I have never been so happy. My parents were horrible with money so I never really learned how to manage money. It was all self taught.
It's so good to know that it worked and we can do it and that we are passing that on to my daughter.
Ok, I'm done now...just wanted to tell someone/[/SIZE]
We have always been very careful to keep our credit up, but there is always that moment when you apply that you are nervous about something coming back or it coming back poor. She told us it would probably be a couple of days before we heard anything and that they may need more information from us. that's fine but I was still nervous.
We got a phone call not even an hour later from the woman we met with telling us that we had a pre-approval, that it would not need to go to an underwriter. It seems they ran or credit reports and they are in her words "almost perfect".
I have never been so happy. My parents were horrible with money so I never really learned how to manage money. It was all self taught.
It's so good to know that it worked and we can do it and that we are passing that on to my daughter.
Ok, I'm done now...just wanted to tell someone/[/SIZE]
