For the last two years, we have tried several programs to lower our mortgage to what they told us it would be when we bought the house. At first with no children and both us working we could afford the mortgage, but add two kids and me only working part-time from home, and it is a lot tighter.
We were denied the first round after months of resubmitting paperwork. Then in March, we heard of another program so we applied. After several attempts at closing, we finally got a solid date this week. An hour before closing we got the call that we needed additional funds to close, which we did not have.
We didn't feel any peace about the situation. We didn't feel right about taking funds from Josh's schooling to pay the closing fee. We were extremely frustrated and angry at the last minute turn of events. Instead of allowing them to pressure us, we went to a friend in real estate to talk about other options. She called to check out the situation and 5 minutes after we would have signed the paperwork, the lenders had a new hud that had just arrived. This hud said they gave us money instead of us coming up with additional funds. Our friend came with us to our closing half hour late and verified the figures and walked us through the signing which brought way more peace!
It turned out the lender was a Christian agency. We chatted with her about church and ministry and also talked about her son who was also pursuing his Masters in Counseling. The man who had set up the old paperwork never showed, but having our friend there made us confident with the new paperwork.
I know God really blessed us because we did not allow ourselves to panic, be pressured into signing, or be rushed into a decision. Our mortgage is now at a lower fixed rate. It is now about what they told us it would be when we signed for the house 5 years ago. We even have a month reprieve from our mortgage payment. We are so grateful that God walks before us, especially as we prepare for Josh to move into full-time ministry/counseling this Fall.
My Current Mantra
Walk humbly with God and do the work at your hands....