Houston Mortgage Blog

Your mortgage isn't going to close on time.

Posted by Daniel Jara on Thu, Apr, 19, 2012 @ 07:04 AM

Going through the underwriting process can be draining and frustrating but at least it will be over in less than a month, right? Well that used to be the case; not so much over the past 2months.  Underwriting times across the nation have been extended at a minimum 2weeks to in some cases 2-3 months beyond the typical underwriting time of 30days. So if you are financing a purchase that needs to close on time read on and avoid some of the common problems identified below.

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Topics: Purchase, Underwriting time