Refinance. How long should the process take?

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I began the process on September 20th and did have to fax in a few things to clear up some credit reporting questions. The appraisal was done about 3 weeks ago but my loan officer with countrywide always says he is waiting for the underwriter. What should I do?

Refinance. How long should the process take?

4 weeks

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Good luck!

Refinance. How long should the process take?

This time frame does not surprise me as there are many in exactly the same position as you are. Credit has tightened a lot and lenders are being very picky and cautious because there are so many in foreclosure. Be patient but stay in contact with your loan officer. Good Luck!

Refinance. How long should the process take?

You should wait. What is he waiting for the underwriter to do? If this is a subprime mortgage application this may be a very long wait.

Refinance. How long should the process take?

your loan shouldnt take more than 30days.

It sounds like you might get stuck with finding another lender at the end....or your rates/term being changed.

stop shopping now before it's too late



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