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What is the turn around time on an appraisal for a conventional loan?

by gerard919 from Salt Lake City, Utah. May 31st 2016 Reply


Michael Garza (michael.garza@rate.com)
#253 ranked lender in Texas - 21 contributions

Typically i see a turnaround time of 7-14 days depending on appraiser availability and workload. It could also take longer depending on location, property size, and availability of comparables. Hope this helps,Mike

May 31st 2016
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Kirk Anderson (KirkAnderson)
#25 ranked lender in Arizona - 50 contributions

We typically see a turn time of 72 hours once the order is placed....

May 31st 2016
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Jonathan Linnett (jonathan@utahhomepros.com)
#99 ranked lender in Utah - 1 contribution

I do home loans in SLC and get appraisals back in 7 days at the longest. I can also rush appraisals to get them back in 24-48 hours for a small fee increase.

May 31st 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,471 contributions

Every area is different. Here in metro Phoenix, if the property is in town, then we will see it within 5 to 7 days.. but if the property is out of town, it can be as long as 2 weeks.. Call your loan officer.. he should be able to tell you when to expect it.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

May 31st 2016
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Lorne Harvey (lorneharvey)
#80 ranked lender in Washington - 428 contributions

Every area is different, in my location; appraisals are 3-5 weeks out.

May 31st 2016
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Melissa Stutes (MelissaStutes)
#28 ranked lender in Hawaii - 101 contributions

Each area is different...but the standard turn time is 1-2 weeks. A rush can be requested, though.

Jun 1st 2016
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