Updated over 4 years ago on . Most recent reply
How long is LOAN PROCESSING?
I'm curious about how long loan processing is taking in your community.
We are 2 months from start to the bank ordering an appraisal, which will noww take another 4-6 weeks.
What are you experiencing?
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Stephanie P.
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Stephanie P.
#5 Mortgage Brokers & Lenders Contributor
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That's way long. Start to finish should be between 45 and 60 days in all reality. Appraisal should be ordered within the first few days of application unless something is wrong.