Forgotten Your Password?

Need to Register?

Question Icon

Underwriting Times

Do there seem to be delays overall for FHA underwriting? by lauren3929 from Los Angeles, California. Jun 16th 2010 Reply


Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions

No more delays than any other type of mortgage. A well prepared and submitted file should easily close within 30 days; often less.

Jun 16th 2010
2
0
Akali Dennie (adennie)
#54 ranked lender in Florida - 196 contributions

We are a National Direct Lender and can close a fully submitted FHA file very quickly. I would be happy to send you a free price quote.

Jun 16th 2010
1
0
Mike La Fleur (mlafleur)
#290 ranked lender in California - 3 contributions

Sometimes there can be delays in underwriting due to the volume of loans that are currently being underwritten for FHA loans. My bank normally averages a 24 to 48 hour turn time for Underwriting. I hope this answers your question.

Jun 16th 2010
0
0
Bill Dunger (billdunger)
#17 ranked lender in Washington - 35 contributions

There shouldn't be if it is submitted as a full package. 24-48 hours all day everyday. I just closed a refinance from start to finish in 11 days.

Jun 16th 2010
0
0
Forest Tardibuono (ari@sunpacmortgage.com)
#289 ranked lender in California - 12 contributions

Hello Lauren, It seems so at times....but if you get a good, experienced FHA Underwriter this definitely helps. Would you like a good referral for FHA?

Jun 16th 2010
0
0
Forest Tardibuono (ari@sunpacmortgage.com)
#289 ranked lender in California - 12 contributions

Seems so at times....but if you get a good, experienced FHA Underwriter this helps! Would you like a good referral?

Jun 16th 2010
0
0
Christopher Stancato (Kyle Stancato)
#2 ranked lender in Washington - 64 contributions

No. If you are going through a bank sometimes they are very slow. It should take less than 30 days. If you have any questions, give us a call. Take care,Kyle StancatoOwnerbayviewhomeloans@msn.com253-460-6000

Jun 16th 2010
0
0
John Breivik (jbreivik)
#23 ranked lender in Utah - 2 contributions

From the time you sign a purchase agreement to when you sign we can finish an FHA loan in 20 days if you have given us all of your information.

Jun 16th 2010
0
0
Subscribe to our news feed.