Hi Everyone! My siblings and I are purchasing a rental property together through an LLC and currently are talking to a national bank. They let me know that closing would take around 45-60 days. Is this normal? And if anyone has any good recommendations for DSCR lenders in Cleveland that can potentially close quicker, I'd love to learn more!
Thanks in advance for the advice and for the good vibes
Lender · Houston, TX · Member since 2026 · 25 posts · 8 votes
2d
45–60 days is just how national banks move. A DSCR loan to an LLC typically closes in 21–30 days once the appraisal lands. For the next property, it helps to have the loan numbers run before you bid — address, price, and current rents are all that's needed.