Home Buying in 07856>Question Details

Brianw, Home Buyer in 07856

how long should it take to get an answer from an usda underwriter ?

Asked by Brianw, 07856 Tue Mar 27, 2012

my mortgage co. has told me that i may not get an answer from there USDA underwriter for a week maybe two . does that sound right ?

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I just spoke with with the USDA office that is underwriting all New Jersey USDA loan applications. Underwriting tuen times are running 72 hours after receiptof complete loan file.
0 votes Thank Flag Link Tue Mar 27, 2012
Hello Brian,
Yes, that does sound about right for an underwriter to respond to your loan package. It really depends on how busy and how many files before yours the underwriter needs to review.

Good luck!

Laura Feghali
Prudential Connecticut Realty
0 votes Thank Flag Link Tue Mar 27, 2012
Underwriters are hard to predict. It will depend how many files are on the desk in front of yours and 2 weeks is not at all unusual. Mortgage companies deal with this daily and they will know how long it will take.
0 votes Thank Flag Link Tue Mar 27, 2012
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