After you get t'h'e appraisal w'hen do you usually close

Babygirl
Other/Just Looking
New York, NY

Answers (4)
John B
Mortgage Broker
or Lender

Studio City, Los Ang...

3 days after you will sign loan docs, the appraisal can be one of the first things to do or in the middle of the process.

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Good Luck.

Tue Jul 21 2009, 10:12
Pat & Steve Pri...
Agent
44145

I suggest you call your loan officer to find out the status of your loan. It's his or her job to keep you informed about the status of your loan. I have seen anywhere from 2 weeks to 2 months. The underwriters (the people who review all of the documents you give to your loan officer & documents your loan officer prepares) are getting more strict on what documents they want to review before they approve a loan (they sometimes ask the loan officer for more information before they approve a loan).

Tue Jul 14 2009, 08:37
JOE RUNFOLA, I...
Broker
Staten Island, NY

Assuming all your required paperwork has reached the underwriter, and is in order a date for closing should be announced in 10 - 14 days depending on the lender.

Web Reference: http://www.clovelake.com
Tue Jul 14 2009, 07:00
Ann Cordes
Agent
76710
FIRST ANSWER

Usually the appraisal is the final step. Here in Texas it is done about a week before closing.
Ann Cordes, Keller Williams Realty, Waco Texas
Cell; 254-227-0522

Tue Jul 14 2009, 06:59

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