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Regular Contributor
Hevj1119
Posts: 181
Registered: ‎04-06-2013
0

Average length of time in underwriting?

Our loan was submitted to underwriting last Thursday...   I know this week is a holiday week, so I don't expect anything soon - just wondering how long the average length of time a loan sits in underwriting?  We're *fingers crossed* going USDA...  I understand everyone is different, so please - share YOUR experience! :smileyhappy:

Let's see how far we've come...
06/2012 - Mid score 556, BoA Secured Card $250
09/2014 - Mid score 733. Chase Freedom 6K | Amex Everyday 6k | Discover IT 6K | BoA Rewards 6K | Ashley Furniture 5.5K | Amazon Store Card 1.5K | Closed on our mortgage 07/2013!
Contributor
Davidngo
Posts: 85
Registered: ‎11-30-2011
0

Re: Average length of time in underwriting?

1 week of back and forth PTD and PTF conditions.

MyFICO Pulled: (11/28/2012) EQ 635, TU 650, EX 661
Lender Pulled: (12/05/2012) EQ 635, TU 677, EX 641
Lender Pulled: (02/20/2013) EQ 667, TU 661, EX 648
MyFICO Pulled: (05/30/2013) EQ 712, TU 685, EX 686

Finally Hit the 700's as of 06/05/2013!!!

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