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What is the typical processing time on a refinance for a VA loan?

by hayden513 from St. Paul, Nebraska. Oct 26th 2016 Reply


Processing for any loan should not take more than a day once its on the processors desk. Getting into processing is the key question and that depends on the lender Gustan Cho NMLS 873293Area Manager Platinum Home Mortgage Corporation NMLS 13589Website https://www.gustancho.com

Oct 26th 2016
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Dennis Clark (DennisClark)
#8 ranked lender in Nebraska - 21 contributions

Per published statistics put out by Freddie Mac, the average time to process a loan from application to closing is 50 days. That is up 10 days from a year ago when the new TRID regulations went into effect. The average times we have been seeing is 30-45 days on a purchase.Dennis W ClarkHomeBridge FinancialNMLS#13970402-333-5432dennis@mortgageloansofamerica.com

Oct 26th 2016
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Jack Cyrul (Jack Cyrul)
#5 ranked lender in Michigan - 86 contributions

Figure 45 days! What is important is that you have someone experienced in VA loans to help you. I've been originating VA loans for 23 years and can take you through the process as fast as circumstances will allow. Call Jack at 734-395-9027

Oct 27th 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,466 contributions

Every lender/area is different.. but typically, most refinance loans can close between 30 to 45 days.. .. 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

Oct 27th 2016
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