I knew it wasn't going to be a cake walk and I have been dreading the first email requesting extra "stuff" they need for the loan. It's also a unique situation because I'm not on the mortgage, and my husband owns his one business and also a small part of another business. He doesn't get pay stubs, and we have to use this years income, and his W-2 is months away! The list so far isn't too bad, most of it I don't understand because I don't know anything about the inner workings of running a business, but because he has partners, a lot of the information he just doesn't know, and we have to get it from the partners, so it's going to be a mess I'm sure. Other than writing some letters and providing source of funds (which should be fun b/c no checks are ever cut, it's all ACH deposits w/ no pay stubs!) I think we should be OK. This is the only part of the process that makes me nervous, the building part is enjoyable for me, but all this paperwork and forms and requests may prove to be tiresome for us, especially since my husband works 12 hour days, he doesn't have time to get this information when they need it. We have until tomorrow, and I'm hoping that we can meet that deadline, I just know how much of procrastinator my husband is (with anything other than his business of course) and I just need to stay on top of things and keep us on track. I feel like the conductor of an orchestra only no one knows how to play the song! But so far, things have been pleasant with out NVR experience, and I hope it continues!
If anyone can give me ANY tips or advice going forward please feel free to comment or message me! I need all the advice that I can get!!