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Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

21-24 days that includes FHA. 

I do not see a lot of VA loans in my area. 

Feb 04, 2020 09:01 AM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yep, that's what I see. Tried for 30 days last month & it was 2 weeks overdue even though the LO said it was a go.

Feb 04, 2020 09:31 AM
Rainmaker
2,390,620
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It was always around 30 days in our area Paul S. Henderson, REALTOR®, CRS 

Feb 04, 2020 06:40 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

35-45 is about the norm here as well. I've seen rush closings done in 15 days, but that's rare, and 60+ daus when numerous inspections are reauired. ( home, radon, water and well, septic, termite, etc) and appraisers and surveyors aren't always available, it could take them 2-3 weeks+ to get work done. It's case by case evaluation.

Feb 04, 2020 02:43 PM
Rainmaker
1,196,798
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

45 days usually, but sometimes 60 days on the outside

Feb 04, 2020 09:35 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

10 days max with Movement Mortgage, 30 days conventional and VA/FHA 45 days plus.

Feb 04, 2020 09:27 AM
Rainmaker
666,639
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Paul ~ They average between 20-25 days for all three lines.  The time lines you mentioned seem a bit long.

Feb 04, 2020 09:09 AM
Rainmaker
7,836,419
Roy Kelley
Retired - Gaithersburg, MD

I no longer have current experience.

Feb 05, 2020 09:58 AM
Rainmaker
466,778
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Same here.

Feb 05, 2020 06:58 AM
Ambassador
5,230,119
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I came over here to answer this earlier and have no idea why it didn't 'take!'

30 - 45 days is our average, regardless of the type of loan.

Feb 04, 2020 07:49 PM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  30/45 is the norm here.

Feb 04, 2020 04:43 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

30 to 45 days.....

Feb 04, 2020 03:26 PM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I'd say your averages are about the same as ours.

Feb 04, 2020 11:10 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

30 days for conventional.  Haven't seen a VA or FHA loan in a looooong time.

Feb 04, 2020 11:04 AM
Rainer
417,221
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

I can close with cooperative borrower in 11 days, typical for conventional or FHA is 20 days.  VA appraisal might take you to 28 days.  The key is communication. I tell borrowers they must be willing to open email and touch base with my team daily.

Feb 04, 2020 09:56 AM
Rainmaker
634,531
Jason E. Gordon
CMG Mortgage, San Diego, CA - San Diego, CA
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

In Southern California, we Lenders are typically asked to facilitate escrows in the 24-30 day periods on average. These turn times are consistently met as long as all parties "paddle in the same direction" throughout the process (i.e. sending in their documentation, signing forms and/or scheduling the appraisal in a timely manner).

The only exception is VA loans due to the slower turn-times of the appraisal (but we are still seeing 30 days for VA on average).

Feb 04, 2020 09:48 AM
Rainmaker
785,475
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

The lenders I work with can close as quickly from 21-30 days 

Feb 05, 2020 10:21 AM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I've done a conventional in 8 days. FHA is usually 20 days, and the same with VA

Feb 05, 2020 06:14 AM
Rainmaker
851,242
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

45-60 days although there are a few that can make it happen more quickly. 

Feb 05, 2020 04:41 AM
Rainer
2,500
Sean Williams
HER Realtors - Coshocton, OH

In our area, 45 days is pretty normal regardless of loan type.

Feb 07, 2020 12:01 PM
Rainer
2,750
Melissa Santa
Santa Realty LLC - Kalispell, MT
REALTOR®- Top Producer in Flathead Valley

30 Days for Coventional and up to 45 days for VA, RD & FHA

Feb 06, 2020 07:10 PM
Ambassador
4,693,588
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The lenders that I refer to have always closed on loans within 30 days, but I usually allow for somewhere between 30 and 45 days for closing.

Feb 06, 2020 10:56 AM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Thirty is our general rule.

Feb 05, 2020 07:27 PM