usda closing time frame: USDA Closing time frame ?
- 02/26/11 03:20 PM
We have been receiving many questions lately regarding the USDA / Rural Development closing times. We have some past blog posts that talk about the USDA closing times as well. In short, yes the USDA home loan closing process typically takes on average 5-10 days longer when compared to other loans ( FHA / Conventional loans) The reason for this is because USDA / Rural home loans go through a secondary approval process with the local USDA office once fully approved by the lender. Once you have a fully approved/ executed sales contract on a home, plan on the USDA closing time taking anywhere … (0 comments)
We have been receiving many questions lately regarding the USDA / Rural Development closing times. We have some past blog posts that talk about the USDA closing times as well.
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