Going from getting your offer accepted to getting your keys in hand on your new home usually takes about 45-60 days if you aren’t paying in cash.  There are several things that need to occur during that time period:

  • Home Inspection Period: 10 business days
  • Home Appraisal: 7-14 days
  • Loan Underwriting: 2-5 days
  • Loan Approval & Condition Collection: 1-5 days
  • Cleared to close by Underwriter: 1-2 days
  • Final Review by the lender after signing loan documents: 3-5 days

Every home buying situation is a little different and timeframes can be pretty significantly altered by new laws and regulations from time to time - but these are pretty accurate estimated timelines as of the Spring of 2019.


More Information