How long does it usually take to get a refinance done?

Author Message
Icon Mini Profile mc8





Joined: 08 May 2009

Posts: 11

5.70 Dollars($)
Post Posted: Thu Jun 04, 2009 8:43 pm    Post subject: How long does it usually take to get a refinance done?
Like
Dislike

In order to get my signature off his loan my brother is re-financing his manufactured home. I was just wondering how long it takes to do it once all the required papers, etc. on in the loan officer's hands?

Also, do I need to notify the credit folks that I am no longer responsible for his loan, or how does that work? And how soon after everything is taken care of that way can I put in for a personal loan to purchase a piece of property?

Then how long will that take?
Icon Mini Profile JKennedySLG
JKennedySLG
Community Expert
Community Expert

best lender badge

Joined: 01 Apr 2009

Posts: 408
Location: New Jersey/New York
20.06 Dollars($)
Post Posted: Thu Jun 04, 2009 9:53 pm    Post subject:
Like
Dislike

Refinance transactions will vary depending on the lender and how busy they are. You should be near a closing in 15 days if not sooner. I hope this helps...
_________________
James Kennedy
New York/New Jersey
(732)979-7409

Hard Money & Stated Income Loans
First Time Home Buyers (540+ Credit)
Icon Mini Profile Realgeni





Joined: 13 Apr 2009

Posts: 1434

99.76 Dollars($)
Post Posted: Fri Jun 05, 2009 1:19 pm    Post subject:
Like
Dislike

mc8,

Probably any whre from 2 - 4 weeks based on how busy they are.

Good luck and feel free to ask.

Realgeni
-Good credit is easy to achieve, as long as you use it responsibly.
Ask question
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message Body
All times are GMT - 7 Hours
Page 1 of 1

 
Delete this topic Move this topic Lock this topic Split this topic 

Page loaded in 0.312 seconds.