Credit Card Center Advertiser Disclosure

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

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
0 Kudos

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
0 Kudos

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)

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.