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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/we-put-in-a-written-offer-on-a-fsbo-a-month-ago-30765028.aspx

Subject:  Re: We have accepted an offer on our home Date:  7/7/2013  11:01 AM
Author:  TartanLord Number:  125730 of 127777

We put in a written offer on a FSBO a month ago and had a mortgage approval/commitment/lock @4.0%/.25% points from our credit union in less than a week. Truth in lending: both our FICO scores are 800+, purchase is not contingent on sale of a home, and our down payment is in excess of 20%. Is that why we haven't experienced some of the lending horror stories I'm reading about here?

It blows my mind that people are having such a difficult time with lenders. I would think that with rates at historic lows, affordability and hence, qualifying, would be easier. What am I missing?

PS
Also: appraisal came in above contract purchase price.
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