Updated about 7 years ago on . Most recent reply
BRRRR - Refinance Timeline
I am in the process of doing my first refinance on a rental property that I originally purchased a year ago. The same lender that did my original loan is doing the refinance. I'm a little over 2 weeks into the process and asked the lender how much longer it would take to get everything finalized. I was told a useful life review was the last thing remaining. What is the typical time frame for a refinance and what is a useful life review? Any insight would be much appreciated.