Most refinances close in two to three weeks, but the timeline depends on several factors.

Some refinances move faster, especially if an appraisal isn’t required and your documentation is complete. Others may take longer if the appraisal is delayed, title issues need to be resolved, or additional underwriting documentation is requested.

Common factors that affect your refinance timeline include:

• Whether an appraisal is required
• How quickly you provide requested documents
• Title work and payoff processing
• Underwriting turn times
• Any conditions that must be satisfied before closing

Remember that federal law also requires a three-business-day Right of Rescission on most owner-occupied refinance transactions. This means your loan won’t fund until three business days after you’ve signed your closing documents.

We’ll keep you updated throughout the process so you know exactly where your loan stands and what to expect next.

To learn more about refinances, visit the Refinance page.