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Updated over 5 years ago on . Most recent reply

User Stats

218
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133
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Nick Shri
  • Rental Property Investor
  • Virginia
133
Votes |
218
Posts

120 days to close HELOC?

Nick Shri
  • Rental Property Investor
  • Virginia
Posted

I got an email from one of the lenders I reached out for Heloc. Here is part of their email response: 

"Please be advised, due to an unprecedented application volume, it is now taking 120-150 days from application to loan closing."

I just found the timeline to close a bit absurd. Are you all noticing similar?

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