How Long Will This Take?

These days, transaction time frames are largely dependent on appraisal turn times.  Most transactions take 30-45 days from application to funding.  That timeframe can vary greatly depending on how responsive the borrower is in getting us any required documentation and how quickly (or slowly) the appraiser inspects the property and provides the completed appraisal report.  Appraisal turn times are typically quicker during the winter when home buying slows and slower in the warmer months as home buying picks up.  The lender will also play a role in determining how quickly the transaction is processed. If we have to send it to a lender that will work with outside the box scenarios, the process will likely take longer.  In general, the cleaner the scenario, the quicker the process.