How long of a wait for a USDA home loan to be approved?

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The loan has already been processed by the loan officer and their underwriter. It has been sent to USDA. How long of a turnaround time should we expect for USDA to approve the loan? In NC if that makes a difference.

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One comment to How long of a wait for a USDA home loan to be approved?

  • Lisa  says:

    Right now the turnaround time can be anywhere between 2-3 days & around 2 weeks. It really depends what company you are going through. I know a lot of companies are experiencing a high volume in loans because of the tax credit & also falling house prices.

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