fbpx

Tips From An RMLO Expert

By March 21, 2019Posts

How long does underwriting take? Underwriting—the process in which mortgage lenders verify your assets to get a home loan—can last a little as two to three days, but typically takes over a week to finish.

Underwriting happens right before you close on a house, so timing can be crucial, particularly if you want to move in by a certain date. But make no mistake: Underwriting is unavoidable. All loans go through an underwriting process before the lender can promise you the funds for a purchase.

Learn from Russ O’Donnell, CEO of Call The Underwriter, how to speed up the underwriting process. He’ll take you through the steps in just over 4 minutes.

Dickie Baldwin

Author Dickie Baldwin

More posts by Dickie Baldwin

    Client Information

    Subject Property Information

    Task

    AssignmentRecording

    Additional Service

    Collateral ReviewRecord/Document Retention

      Client Information

      All Client Information fields are required

      SellerBuyer
      PrivateInstitution

      Notes

      Are You Looking For Notes? *

      YesNo

      Instructions: If you are a buyer or seller of notes please click the appropriate check boxes

      PerformingNon-PerformingCFD
      ResidentialCommercialBulkIndividual

      Important: Please be sure and include the States and $ Range Of Investment if you are a buyer or seller of notes

      REO's

      Are You Looking For REO'S? *

      YesNo

      Instructions: If you are a buyer or seller of REO's please click the appropriate check boxes

      ResidentialCommercialBulkIndividualRehab – Zero/LightLight/MedMed/Heavy


      Important: Please be sure and include the States and $ Range Of Investment if you are a buyer or seller of REO's