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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
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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
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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
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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
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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
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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
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Christopher Stancato (Kyle Stancato)
#3 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
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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
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