Thursday, September 09, 2010

How long does the loan process take?

The number of days from application to closing can vary from just a few days to 45 or more days, depending on a number of factors. Some of the factors include: loan type, whether an appraisal is needed, and title clearance. Time delays also occur if outside sources or the borrowers do not promptly provide documents to the lender.

 
 


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Charmayne Clark
Clark & Associates Real Estate
Ph: 301-476-0877  -  Fax: 240-823-1525
4351 Garden City Drive, Suite 350
Landover, MD 20785
www.clarkandassociates.org

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