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New Member
Posts: 4
Registered: ‎08-09-2011

How long between final approval and actual closing?

I am getting frustrated with our lender but since I don't have a lot of experience in mortgage approval, this may be par for the course.


We got our commitment letter 6/11. There were approximately 20 "conditions". I was able to get everything back to them within 24 hours. Yesterday, I got a 2nd commitment letter with 10 more conditions - sent everything back within 4 hours. We are scheduled to close 6/29 (next Friday). I feel like we are in limbo until we get final approval and when I speak with my LO, I feel like she is frustrated with me. But my questions are simple. My question right now is how long between final approval and actual close? Does it have to be 7 days or can it be the day before? Everything else is in place for our move except our loan Woman Happy.


Any thoughts?

Regular Contributor
Posts: 217
Registered: ‎04-05-2012

Re: How long between final approval and actual closing?

[ Edited ]

We got our clear to close at 2pm and was sitting at the closing table at 5:30pm on the same day..

I'm not really sure this is the normal though.. and it depends on when the title company (or wherever you are closing at) has a time slot. I do also think it may vary from state to state..

Valued Member
Posts: 30
Registered: ‎10-31-2011

Re: How long between final approval and actual closing?

I had final approval on tuesday, and by wednesday i was signing final loan docs and title papers. Its all depended on how fast the closing department can get your file together for the title company.

EX: 651 - Lender Pull (04/30/12) EX: 678 (credit app 7/12)
EQ: 625 - Lender Pull (04/30/12) EQ: 639 (myFico) (7/12)
TU(04): 631 - Lender Pull (04/30/12) TU: 663 (myfico) (7/12)

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