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USDA loan process?

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ab1521
New Visitor

USDA loan process?

Hi, we are applying for a guaranteed loan through USDA and we know that the turn around time can be extensive.  We heard today that they are reviewing our file because they requested one additional signature on a document.  Does anyone know how long USDA takes once they are reviewing your file?  Thanks so much!

Message 1 of 4
3 REPLIES 3
swtneka
Frequent Contributor

Re: USDA loan process?

I think it depends on the state u r n but I have read the busiest states taking up to 30 days but I have read some take up to 7-10 days. I also read that there is a website and a phone number where u can call and find out how many days till they get your file. cuz once they get to your file it takes 7-10 business days.

Message 2 of 4
teddingt
Regular Contributor

Re: USDA loan process?

Mine went to USDA in the am and I was clear to close that afternoon.  I just think it depends on the state.

 

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

Message 3 of 4
swtneka
Frequent Contributor

Re: USDA loan process?


@teddingt wrote:

Mine went to USDA in the am and I was clear to close that afternoon.  I just think it depends on the state.

 


What state are u n? 

Message 4 of 4
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