how long to underwrite a va home loan?
We have been in underwriting for over two weeks now. There havent been any problems that we were informed of. How long does this usually take?
- loanmasteroneLv 71 decade agoFavorite Answer
Underwriting a VA backed mortgage loan would depend on if the mortgage company you used have direct underwriting approval or do they have to go to another lender to get the approval. If they have direct underwriting approval then you might be approved in 7-14 days.
If t he mortgage company you applied for your mortgage loan does not have direct approval then it could take longer, but not necessarily a whole lot longer. In this scenario there is just another level of bureaucratic paper work.
You should keep in constant contact with your mortgage loan officer to see if there are things you need to do or paperwork you need to provide.
Your loan officer should be able to tell you the length of time it would take their company to get you an approval or preliminary approval with conditions or proving additional information.
I hope this has been of some benefit to you, good luck.