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How long does it take to get an answer from the underwriter?

larry2's picture
larry2 | Joined: June 27, 2007 02:50 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi wendyp,

Welcome to the forum.

It actually varies. Generally it takes three days but it can take a month and sometimes even more than that.

Best of luck,
Larry

Like | Dislike | Share | Posted: Fri, 03/07/2008 - 15:07 | Post subject:

banker0679's picture
banker0679 | Joined: November 15, 2007 10:05 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

when you submit a full application ...CURRENTLY it may take 2-3days.
There has been a huge influx of applications, and it's taking longer for lenders to approve loans.
Conventional 2-3days
FHA/VA 7-8days MINIMUM with most lenders.

24-48 hours to follow up with conditions.

Like | Dislike | Share | Posted: Fri, 03/07/2008 - 15:10 | Post subject:

lisa.scherzer's picture
lisa.scherzer | Joined: January 4, 2008 08:48 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

It just depends on the lender. It can range from 24 hours to weeks.

Like | Dislike | Share | Posted: Mon, 03/10/2008 - 20:36 | Post subject:

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