How Fast Can You Close?
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24 Hour Turnaround Times
24 Hour Turnaround Times?
I'm Leon from the Lending Group. I've been a loan officer since 2002 and some of the more common questions I get from realtors are, well, how fast can you close? When can you close? Can you guarantee closing dates?
The straight answer is about 24 business hours to underwrite. If your client signs his or her loan application, has a fully executed contract, and provides income and asset documentation we can can literally generate a loan commitment or a conditional loan approval within 24 business hours.
That means if your title is ready, your appraisal is waived. I can close you literally in a week. ..but the reality of things is that the title usually takes a little bit longer, at least in my experience, right? And most deals are not appraisal waivers.
So we usually get them done in under 30 days or less...to my knowledge, no one can actually guarantee a closing date, but I clear conditions in 24 business hours....and of course we underwrite in 24 hours.
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Copyrights 2022 | Lending Group co | PRIVACY POLICY | NMLS ID: 50284 COMPANY NMLS ID: 1148626
I'm Leon from the Lending Group. I've been a loan officer since 2002 and one of the more common questions I get from realtors are, well, how fast can you close? When can you close? Can you guarantee closing dates?
The straight answer is about 24 business hours to underwrite. If your client signs his or her loan application, has a fully executed contract, and provides income and asset documentation we can can literally generate a loan commitment or a conditional loan approval within 24 business hours.
That means if your documentation is ready, I can close you literally in a week...but the reality of things is that the title usually takes a little bit longer, at least in my experience, right? And most deals are not appraisal waivers.
So we usually get them done in under 30 days or less. To my knowledge, no one can actually guarantee a closing date, but I clear conditions in 24 business hours....and of course we underwrite in 24 hours.
CUSTOM JAVASCRIPT / HTML
Copyrights 2022 | Lending Group co | PRIVACY POLICY
NMLS ID: 50284 COMPANY NMLS ID: 1148626