long tagged posts

My usda home loan has taken so long the home I want is going into foreclosure. What should I do?

Does it really take this long? I have until Friday the 8th of Jan 2010 to close or the home goes into foreclosure. All I am waiting on is USDA. I’m all packed and we were promised we would know after a few weeks. Everything else is approved.

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

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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How long does it take for a USDA loan to close/ underwriting? We are all approved, we just need underwriting?

So we are good to go on buying a home in a rural area. We have been pre-qualified and totally approved. We just need to know when we can expect the USDA underwriting to be done. We have heard 20 days. Is this true? If so, is this 20 business days or calendar days? Any info will help us out in planning our move. Thanks!

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