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Frequently Asked Questions About the Mortgage Process

How long does the whole process take?

The length of time it takes from start to finish can vary with the complexity and details of your transaction.

  • The absolute fastest would probably be a 2 day closing from start to finish. These are very rare and can only happen if you have a just about perfect loan.
  • The typical time frame is usually 2-3 weeks to obtain loan approval and then another week to close.
  • Some loans can literally take months to close. For example, construction loans with all the permits that are required can take a long time. Likewise, a foreclosure loan can sometimes take a long time just due to the extra title work needed.
  • If you make application before you buy your home and have your loan pre-approved, you can save yourself 2-3 weeks.

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