What is the average time frame between loan application and funding?

3 to 4 weeks on average.

Typically it takes about 30 days.

It depends on if it is a refinance or a purchase. We are currently under 30 days for both.

Hi Lisa, 21 days to 30 days. The loan process runs pretty smooth if we can get 100% of the requested documentation from the borrower. Are you looking to purchase or refinance?

30 days from submitting your paperwork to the lender.

If you're purchasing, then you get pre approved first.. and once you find a home and get an accepted contract, then Typically, it can be 30 days or less from there. Understand there's a lot of things can happen during the loan process that could potentially push back your closing date for days or even weeks.. and most of those things will be out of your control.. so be prepared for the worst. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Realistically, most lender will tell you about 30-days. I find that interesting because according to Ellie Mae, which provides the software for about 50% of mortgage lenders, they say the average time is 50-days based on all the actual loans that go through their system. Of course some are faster and some are slower, but if you are a clean file with no issues, 30-days is very realistic.