As you can see, there are plenty of variables and potential speed bumps along the way. The length of time between appraisal and final approval could be a week, a month, or even longer. It depends largely on the underwriting. You won’t know how long until you get a “green light” from the underwriter.
How Long Does it Take an FHA Loan to Close? -. – Underwriting is one of the biggest variables. Once you’ve found a home and signed a contract with the seller, the rest of the lending process might take two or three weeks on the short end, or two to three months on the long end. There are many variables and several different people involved.
Does my loan go to the underwriter after my apprai. – · Does my loan go to the underwriter after my appraisal was done? My appraisal was done on Thursday and my LO said that she should get the report Monday or Tuesday. I was just wondering if our loan goes to the underwriter after the appraisal paperwork is in or is it already in UW?
So, how long after appraisal until you get a loan approval from your lender? It could be anywhere from a few days to a few weeks, depending on. wait for it. underwriting! The underwriting process could go smoothly and quickly, or it could drag on with a back-and-forth paper chase for several weeks.
How long to close a home loan after appraisal? | Yahoo Answers – How long does it typically take to close on a home loan after the appraisal is in? Everything does underwriting take once everything is finished (the inspection, appraisal and all of our documents are in).
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· If the loan officer (lo) have all the documentation need it, the appraisal will be sent to the lender underwriter and it may take 48 hours (depending on how busy they are), after that it will be sent to the closing department and that may take another 48 hours.
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