Do there seem to be delays overall for FHA underwriting? by lauren3929 from Los Angeles, California. Jun 16th 2010
No more delays than any other type of mortgage. A well prepared and submitted file should easily close within 30 days; often less.
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.
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.
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.
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?
Seems so at times....but if you get a good, experienced FHA Underwriter this helps! Would you like a good referral?
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
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.
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