how long does an underwriter take to approve
Obtaining medical records adds 3-4 weeks , on average, to the underwriting process. While it typically takes 3 to 4 weeks to obtain a set of medical records, weâve seen them come back very quicklyâ¦ sometimes in just a few days from the date of originally requesting them.
There are many variables that can determine how long it takes to close on an FHA loan. Underwriting is one of the biggest variables. Once youâve found a home and signed a contract with the seller, the rest of the lending process might take two or three weeks on the short end, or two to three months on the long end. There are many variables and several different people involved.