It took me 52 days from contract to close and about 3 weeks from bank app to close. I’ve seen some people close in 30 days from contract and some people in the bank app stage for 2 months. If you have no questionable paperwork your employer verifies quickly your leasing office verifies quickly you get an appraiser on top of their game a seller who has it together a house with no questions a builder who is experienced with naca then then everything is set up to flow smoothly.
@nelson does work and rental have to be verified again while going through credit access? I had these verified a second time about a month-ish ago. As far as lender conditions,I had 3 easy conditions: verify previous addresses, provide proof of emd, and provide proof of hazard insurance. Hopefully I can get through fast! The anticipation is killing me.
At this point the thing that gets verified again is your employment, not your rent. A 3rd party will call your employer and verbally verify that you still work there and that you should continue to work there.
And that takes place right before your final clear to close.
This reply was modified 2 years, 5 months ago by Peapod0609.